Reserve offset projects to be stored in Offset bank

A bank or reserve of offset projects is to be formed this month. Its aim will be to collect all business projects proposed by domestic enterprises, which are not part of the offset negotiation. If any of the 74 Polish-American projects fail to be executed, companies cooperating with Lockheed Martin Corporation, will be able to use any of the projects in the offset bank. This resource will also be of use to companies from Finland and Italy, from where the Polish army has purchased combat vehicles. This contract will result in offset projects worth EUR 1.6 billion. Another huge transaction is awaited with Israeli Rafael, which will provide a zł. 1 billion set of artillery rockets and launchers. "We hope that offset projects will play a significant part in leveraging the economy in the process of integration with the EU," said the head of the Industrial Development Agency (ARP), Arkadiusz Krężel. (Rzeczpospolita, p. B2) A.K.