The coronavirus pandemic may increase Poland's attractiveness in the eyes of foreign investors and strengthen the country's position as a regional leader in terms of foreign direct investment, the acting head of the Polish Investment and Trade Agency (PAIH) told PAP.
The rankings created by London-based fDi Intelligence, which is owned by the Financial Times, has become a bible for foreign investors who use the lists when deciding which European city to base their next investment in.
Despite the weakest investor sentiment in history, the number of foreign direct investments (FDI) in Poland grew to 165 in the first months of 2020, from 145 last year, the Puls Biznesu (PB) daily wrote on Thursday.
Poland enjoyed a robust growth in the value of foreign investments (FDI) serviced by the Polish Investment and Trade Agency (PAIH) in 2019.
Foreign Direct Investment (FDI) in Poland grew by 45.3 percent year on year in 2018 to PLN 50.37 billion (EUR 11.66 billion) while Polish investment abroad was down by PLN 1.5 billion (EUR 347 million) the National Bank of Poland (NBP) reported on Friday.
The report from Ernst & Young placed Warsaw 6th in terms of attractiveness for new investment, with the authors noting that “competition between European cities for investment has never been more equal — or intense.”
Poland's trade turnover with the USA reached a record USD 12.7 billion in 2017. This is a good time to strengthen relations and show how much we have to offer, Entrepreneurship Minister Jadwiga Emilewicz told PAP in an interview.
Potential areas of co-operation between Poland and Lithuania indicated by the Ministry of Entrepreneurship and Technology are energy, development of direct and infrastructural investments and thermal insulation of buildings.
Over 86,000 new jobs will be created in Poland in effect of 335 direct foreign investments declared in 2017, this is the best result in the European Union, according to a Thursday report by fDI Markets.