Sharp, Orion, Shell investments to total zl.828 million

Sharp and Orion Electric as well as Shell will invest zl.828 million and create 5,400 jobs. Sharp plans to build an LCD modules factory in the Lysomice Special Economic Zone near Torun. "We are initially going to invest EUR 44 million and EUR 150 million in the long term", said Katsuhiko Machida, president of Sharp. Shell is going to open an accounting and financial center in Kraków at a cost of zl. 27 million and will create 800 jobs. The concern will receive tax relief to the tune of zl.3 million between 2006-10. To facilitate the investments the government will amend the law on Special Economic Zones and draft a law on the Polish Trade and Investment Agency. Prime Minister Marcinkiewicz declared that the proposed changes would also help other prospective investors. (Puls Biznesu, p. 1,9) A.M.