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Polish cities more and more attractive to investors

23:19

Polish cities more and more attractive to investors
Source: Photo by Iwona Castiello d'Antonio on Unsplash

The largest Polish cities were analyzed in the 3rd edition of the Antal – Business Environment Assessment Study, whose partners are Cushman & Wakefield and Vastint, while the patrons of PAIH and the Pro Progressio Foundation. The report is based on a subjective assessment of decision-makers in companies present in Poland, who hold the positions of presidents, board members, and department directors. The study analyzed seven factors that influence the attractiveness of cities and encourage investment. These are infrastructure, office space, public administration support, educational potential, employment potential, business potential, and the assessment of location as a place to live.

Poland is distinguished by relatively low labor costs, which makes it still an attractive location for foreign investments. But the increased interest in investments is also visible in the portfolio of projects implemented with the support of PAIH.

"In 2020, the Agency handled nearly 200 investment projects, the total value of which was almost 10% higher than in the previous year. The location of investments in Poland is supported primarily by well-educated employees, open to innovation. Our strategic location is also our advantage. Poland on the map of Europe, a favorable investment climate and economic stability," Monika Grzelak from the PAIH Investment Center, said.

"We expect the positive investment trend to continue in 2021 and that Poland will be one of the beneficiaries of the post-pandemic deal," she added.

"Poland is developing dynamically. Especially when it comes to transport, road, rail, air, and sea infrastructure – which significantly increases the interest of potential investors. For example, an important advantage of the Tri-City, which particularly distinguishes the agglomeration compared to other urban centers in the country, is direct access to the largest seaport in Poland. In other locations, the strength will be the communication infrastructure, eg in Warsaw or Łódź, which owes much to its central location on the map," Radosław Kostka, Acquisition Manager Vastint, added.

(WBJ)


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