Domestic
23:42 13 January 2021
Post by: WBJ

Poland to be 3rd preferred location in Europe for FDI

Poland to be 3rd preferred location in Europe for FDI
Source: PAIH

Poland is the third preferred location in Europe for foreign investments, the Polish Investment and Trade Agency (PAIH) reported. It was noted that in 2020 PAIH serviced nearly 200 investment projects worth nearly PLN 40 billion.

As we read in the information summarizing PAIH's activities in 2020, the total value of projects supported by the Agency approached €9 billion. Covid-19 did not stop Polish exporters who, with the help of the Agency, entered new global markets.

As acting President of PAIH Grażyna Ciurzyńska pointed out, the Agency is currently working on new support tools and is preparing for various scenarios related to the pandemic. She indicated that by the end of 2020, PAIH handled nearly 200 investment projects, the total value of which was almost 10 percent higher on an annual basis and amounted to over €8.5 billion (i.e. almost PLN 40 billion).

In terms of investment value - as we read - the biggest players are, among others, South Korea and the United States. The largest number of projects concerns the business services industry (44), electromobility (18), and the automotive industry and R&D (15 each). It was also noted that when it comes to projects that were located in the Polish Investment Zone in the first half of 2020, Polish companies corresponded to 75 percent of their total number.

It was written that the last quarter of 2020 was the most intense, rich in talks with foreign investors. 

"According to fDi Markets, Poland is the third preferred location in Europe for foreign investments. In the first three quarters of 2020 alone, over 300 greenfield projects were announced in our country, more than in Spain and France," Ciurzyńska noted.

She added that only Great Britain and Germany are ahead of Poland.

(PAP

poland
fdi
paih
grażyna ciurzyńska

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