Three out of four companies owned or co-owned by British investors are planning to increase employment and investment outlays in Poland, according to a report on Polish-UK economic relations, prepared by consulting firm Deloitte.
According to the study which looked at Warsaw, Wrocław, Poznań, Łódź, the Tri-City, Kraków, Szczecin and Lublin “…the business environment, the quality of office buildings and the availability of facilities that improve residents’ quality of life – in Lublin they are at the highest level.”
Polish companies are attractive for foreign institutional investors, especially as the country’s economy is developing dynamically, believe participants of the CEE Capital Markets conference in London.
Polish investors have signed 47,616 EU co-financed agreements on the implementation of projects worth a total of PLN 386 billion (EUR 90 billion), Deputy Investment and Development Minister Małgorzata Jarosińska-Jedynak said on Monday.
Poland will offer tax incentives for issuers and investors, improve the operation of tax administration and supervision bodies and simplify regulations under the country's new Capital Market Development Strategy published by the Finance Ministry on Thursday.
Investment in Poland as a share of GDP is relatively low compared to other EU countries, the report shows. In 2017, gross spending on investment in Poland in relation to GDP was 88.1% of the EU average – lower than in other countries in Central and Eastern Europe.
The value of investments being carried out in Poland and co-financed by the EU reached PLN 350 billion (EUR 81.58 billion) by Tuesday, Infrastructure Minister Jerzy Kwieciński wrote on Twitter on Tuesday.
Jakub Papierski, vice-president of PKO Bank Polski (PKO BP) board, said in New York that the main goal facing his bank, after Poland had been reclassified by the FTSE Russell agency to "developed market", is to gain new investors.
The conference will be attended by over 50 CEOs of the biggest Polish companies to discuss Polish business, the future of trade, and trading partnerships with the US.
Polish Investment and Trade Agency's (PAIH) new office in Taipei will assist Polish entrepreneurs in the promotion of domestic products, the establishment of business contacts with Asian partners, as well as the acquisition of crucial investments from Taiwan.