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Trade and Investment Promotion Section, Polish Embassy Target Poland EURO 2012 and other opportunities Beata Janota Cork, 13 November 2009.

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Presentation on theme: "Trade and Investment Promotion Section, Polish Embassy Target Poland EURO 2012 and other opportunities Beata Janota Cork, 13 November 2009."— Presentation transcript:

1 Trade and Investment Promotion Section, Polish Embassy Target Poland EURO 2012 and other opportunities Beata Janota Cork, 13 November 2009

2 Trade and Investment Promotion Section, Polish Embassy Summary: Our mission Key facts about Poland Irish – Polish economic relationships Why Poland EU Funds in Poland UEFA Euro 2012 Main sectoral opportunities Where to go for help Conclusion

3 Trade and Investment Promotion Section, Polish Embassy Embassy Consular Section Political and Economic Section Trade and Investment Promotion Section Ministry of Foreign Affairs Ministry of Economy

4 Trade and Investment Promotion Section, Polish Embassy Our mission: support Polish companies in their expansion to foreign markets help foreign companies to find suppliers of goods and services in Poland assist foreign companies to set up in Poland

5 Trade and Investment Promotion Section, Polish Embassy Key facts about Poland: Area:312,685 square kilometers Population:38,19 million Currency:Polish Zloty (EUR 1 = PLN 4.2 ) GDP 2008:5.0 (Source: EC) GDP 2009 (f):1.2 (Source: EC) Inflation 2008:4.2 (Source: CSO Poland) Unemployment:10.9 (Sept. 2009, Source: CSO Poland)

6 Trade and Investment Promotion Section, Polish Embassy Polish GDP growth rate forecast in Poland vs in EU for 2009 (source EC)

7 Trade and Investment Promotion Section, Polish Embassy Irish Polish economic relationships Source: WPHI Dublin

8 Trade and Investment Promotion Section, Polish Embassy Irish investment in Poland: Irish companies invested in Poland around Euro 2.2 bn 14th place on the list of the biggest investors in Poland Poland is number one location for Irish investment in CEE countries Over 60 companies invested in Poland (AIB, CRH, Kingspan, Kerry Foods, JFC, Steripack, PM Group, SWS, S3, Smurfit Kaapa and many more) Still many companies from Ireland are looking into business opportunities in Poland

9 Trade and Investment Promotion Section, Polish Embassy Why Poland: Investment Potential EUR 12.2 bn of FDI to Poland in 2008 Poland ranks 5 th in Europe and 1st in the CEE region in terms of new foreign investments in 2008, according to Ernst and Young survey Strong Economy Projected Growth of GDP in 2009: +1.2% Strategic Location Human Capital 50% of the nation below the age of 35 and 35% under the age of 25 Almost 2 m. students in higher education institution Over half of them speak English well Large and Growing Domestic Market 38 million consumers driving a 10% annual retail market growth EU funds Between 2007 and 2013 our country will jointly receive over 67 billion from the EUs budget Investment incentives Regional aid, horizontal aid, Aid for sensitive sector, CIT exemption in SEE, Realestate tax exemption

10 Trade and Investment Promotion Section, Polish Embassy Distribution of EU funds in Poland: Operational ProgrammeAmount (mln EUR) Regional Operational Programmes (16)16 555,6 OP Infrastructure and Environment27 913,7 OP Human Capital9 707,2 OP Innovative Economy8 254,9 OP Eastern Poland Development2 273,8 OP European Territorial Cooperation731,1 OP Technical Assistance516,7 Source: Ministry of Regional Development

11 Trade and Investment Promotion Section, Polish Embassy UEFA EURO 2012 the third largest international sport event in the world Joint project with Ukraine UEFA Euro 2012 championships acting as catalyst for the development of Polish infrustructure, transport, sport and leisure centres

12 Trade and Investment Promotion Section, Polish Embassy Financing structure of UEFA Euro 2012 Central budget Transport infrastructure, roads, railways ± 167 mln – stadia: Chorzów, Gdańsk, Kraków, Poznań, Wrocław 100% – stadium in Warsaw Regional budget (local governments) airports Local government budget (cities) public transport stadia (70%) security Private budget hotels Team base camps Telecommunication and IT

13 13 UEFA EURO 2012 – business project Complex project of preparations for UEFA EURO 2012, (over 390 investment projects ) Cities Municipal infrastructure Airports4* & 5* hotelsStadiaTotal Chorzów Gdańsk Kraków Poznań Warszawa Wrocław Total No. of project owners 150 General Directorate for National Roads and Motorways 57 PKP SA & PKP PLK SA 47 Supporting airports 17 Team Base Camps 93 Total 394 Trade and Investment Promotion Section, Polish Embassy

14 Polish host cities chosen by UEFA on 13 May 2009 Source: PL 2012 Sp. z o.o.

15 Trade and Investment Promotion Section, Polish Embassy Breakdown of infrastructural projects:

16 Trade and Investment Promotion Section, Polish Embassy Poland the biggest construction site in Europe: Preparation&PlanningConstruction Source: PL 2012 Sp. z o.o.

17 Trade and Investment Promotion Section, Polish Embassy Bidding possibilities, October 2009 Source: PL 2012 Sp. z o.o.

18 Trade and Investment Promotion Section, Polish Embassy Cost of infrastructure projects TOTAL COST October 2009 planned: 25 billion spend: 2 billion Source: PL 2012 Sp. z o.o.

19 Trade and Investment Promotion Section, Polish Embassy Main Sectoral Opportunities: Construction services, equipment and related niche products Environmental protection solutions Agriculture Machniery IT/Telecom infrastructure BPO Services and related products

20 Trade and Investment Promotion Section, Polish Embassy Where to go for help: Trade and Investment Promotion Section office in Dublin Ireland Poland Business Association Polish Information and Foreign Investment Agency Enterprise Ireland office in Warsaw

21 Trade and Investment Promotion Section, Polish Embassy Regional Investor Assistance Centres

22 Trade and Investment Promotion Section, Polish Embassy Conclusion: Poland is a very open to international companies Largest market of all the recent accession countries Good location Country with strong sustainable growth Still cheaper than Western countries Young and well educated workforce Good knowledge of foreign languages Beneficiary of the biggest amount of EU funds Growing economy driving development of infrustructre, IT network, commercial office, hotels etc. UEFA Euro 2012 championships

23 Trade and Investment Promotion Section, Polish Embassy Thank you


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