PAIiIZ involved in 80 investment deals that could create 30,000 new jobs

The Polish Information and Foreign Investment Agency (PAIiIZ) has revealed that it is currently involved in negotiations for 80 investment deals totaling $3 billion (zł.11 billion). If the negotiations prove successfully, some 30,000 new jobs should be created, although the Agency refused to reveal the identity of potential investors in question. Meanwhile, PAIiIZ is itself likely to undergo a period of change, with the Sejm currently reviewing the Agency's activities. "We will change the name to the Polish Economic Promotion Agency (PAPG) and our duties will also encompass the promotion of Polish exports," Andrzej Zdebski, PAIiIZ's president, revealed. So far, the country has attracted foreign investments accounting for 20.3% of GDP, a figure that is still below those for the Czech Republic, Slovakia and Hungary. (Puls Biznesu, p. 6) A.F.