About 300 Japanese firms in Poland, investments total EUR 25 mln - PM

The Japanese companies employed about 40,000 people, and The Polish Investment and Trade Agency currently services 14 Japanese investment projects, the prime minister has said on Wednesday.

"According to the National Bank of Poland, Japanese direct investment in Poland stood at EUR 25 million in 2019," the prime minister added.

Mateusz Morawiecki told the "Why Poland Now?" Polish-Japanese symposium that, almost exactly a year ago, he visited Japan. “Since that time, the world has changed a lot. Countries are battling with the effects of the Covid-19 pandemic. Poland can be an example of effective action, which translates into promising financial results," he said.

According to Morawiecki, in the Q3 2020, Polish GDP grew by a record 7.9 percent quarter on quarter. “The forecasted GDP fall, according to the European Commission, is one of the lowest in the entire EU," Morawiecki added.

"All of that was connected to the dynamic aid activities of the Polish government. Today I can safely say that it paid off," he said.

He added that Poland offers the highest level of support available in the EU, to as much as 50 percent of costs, and that companies in Poland can benefit from strong economic relations with the euro zone and unfettered access to the EU market.