POLSKA AGENCJA INFORMACJI I INWESTYCJI ZAGRANICZNYCH Poland Investment Opportunities.

Slides:



Advertisements
Similar presentations
SOME ELEMENTS OF COMPETITIVENESS OF THE ECONOMY OF SERBIA NBRM Conference, Skopje, 30 May 2008 Branko Hinić and Milan Šojić, National Bank of Serbia Economic.
Advertisements

Ghent, February 26, 2013 Embassy of Poland Trade & Investment Promotion Section Krzysztof Turowski, Counsellor, Head of Section INVESTMENT CLIMATE AND.
ROMANIA A Strategic Choice
ECONOMY OF POLAND. BASIC INFORMATION CURRENCY: 1 zloty = 100 groszy GDP per capita: $18,072 GDP growth in 2009: 1.8% Inflation rate: 3.9% Unemployment.
June 2014 Bulgaria Investment climate and business opportunities.
Incentives for innovations in Lodz Special Economic Zone Anna Kądzielewska – Specialist for Investment Development September 2013.
POLSKA AGENCJA INFORMACJI I INWESTYCJI ZAGRANICZNYCH Sławomir Majman PAIiIZ President June, 2012 Why Poland blossomed.
AND FOREIGN INVESTMENT AGENCY
The Economy of the European Union European Economic and Trade Office 歐 洲 經 貿 辦 事 處.
Economic and Financial Benefits and Challenges from Eastern Enlargement Krisztina Vida PhD Institute for World Economics, Budapest TEPSA-METU CONFERENCE.
Competitiveness of Polish Economy Perspectives for Euro Adoption Magdalena Zając.
Strategy and Analyses Department
Economic Overview June Production Productivity Employment, working hours Inflation, output prices Wages, unit labour cost Trade balance Outline.
Mark Hofman. Overthrew communist rule in 1989 Joined the European Union in 2004 Population of 40 million 6 th largest economy in the European Union Ranked.
SPECIAL ECONOMIC ZONE THE BEST PLACE TO INVEST IN POLAND.
Poland Why not?!!! Herning, 4 September 2013 Business Opportunities for Danish Companies in Poland.
FEEL THE OUTSOURCING BEAT OF THE HEART OF EUROPE IN KATOWICE, POLAND Piotr Uszok Mayor, City of Katowice Jolanta Jaworska Government Programs Director,
Commercial and Economic Section, Consulate General of Poland The Evolving Central and Eastern European Market Business Opportunities in Poland Venue: HKCEC.
F OREIGN INVESTMENTS IN THE BALTIC STATES UIA 58th conference in Florence, Italy October 29 – November 2, 2014 Yvonne Goldammer bnt attorneys-at-law.
AND FOREIGN INVESTMENT AGENCY
Germany Social Protection System Chelsea Ralston Thursday, November 27th.
Romania - Top Destination for Investments DEPARTMENT FOR INFRASTRUCTURE PROJECTS AND FOREIGN INVESTMENTS.
Trade & Investment Section Embassy of Poland in Washington, DC Bio & Green Technologies in Poland Paweł Pietrasieński Minister.
Agenda I. Poland - The Place To Be II. Foreign Direct Investment III. Business Environment: Labor, Infrastructure V. Sectors of Opportunities VI. Public.
Business opportunities in Poland Dawid Tomaszewski Political-Economic Section Embassy of the Republic of Poland Jelgava, December 01, 2010.
WELCOME TO KLAIPEDA FEZ Save Your, Costs and Worries Save Your Time, Costs and Worries.
Overview  Overview of Irish Economy  Key Business Sectors  Skills requirements.
Dagmara Wolska Post Investment Specialist May 26th, 2011.
WHY Hungary? WHAT in Hungary? Gergely Mikola Chairman, British Chamber of Commerce in Hungary Director of Corporate and Regulatory Affairs in CEE, BAT.
2 Presentation title - edit in the Master slide EMERGING EUROPE – “OPPORTUNITIES CLOSE TO HOME” A Strategic Opportunity for Black Country Business Jonathan.
05 October 2015 Panel Presentation for Industrial Manufacturing Panel Prof. Dr. Gusztáv Báger Budapest International Business Center Conference 2013.
EPC EDUCATION AND TRAINING – Applications for Membership of the EU Turkey - April 1987 Cyprus - July 1990 Malta - July 1990 Hungary.
Brussels, October 15th 2008 THE BENEFITS OF NATIONAL REFORM IN SUCCESSFUL MODELS OF REGIONAL DEVELOPMENT: ANDALUSIA.
Lithuania's ICT Potential. 2 GENERAL INFORMATION ABOUT LITHUANIA  Population: 3.5 mln.  Area: 65,300 sq. km  Language: Lithuanian  Neighbours:  Latvia.
Wiener Institut für Internationale Wirtschaftsvergleiche The Vienna Institute for International Economic Studies Vladimir Gligorov Economic.
POTENTIAL AND ADVANTAGES FOR FOREIGN INVESTMENTS IN SERBIA Centre for Development, Restructuring and Privatization 2013.
Economic Overview October Production Productivity Employment, working hours Inflation, output prices Wages, unit labour cost Trade balance Outline.
Trade & Investment Section Embassy of Poland in Washington, DC Doing Business with Poland Zbigniew Kubacki Minister-Counselor Chief of Section.
Economic Overview December 2015.
Tazeem Pasha SelectUSA U.S. Department of Commerce Washington, DC Foreign Direct Investment in the United States 1SelectUSA.gov.
Introduction to the UK Economy. What are the key objectives of macroeconomic policy? Price Stability (CPI Inflation of 2%) Growth of Real GDP (National.
Utilization of knowledge for economic growth in the Czech Republic Karel Klusacek Technology Centre AS CR Knowledge Economy Forum V.
Foreign Direct Investments – A Key Prerequisite for Economic Growth – Case of the Czech Republic VLADIMÍR BARTOVIC EUROPEUM INSTITUTE FOR EUROPEAN POLICY,
Regional Policy EUROPEAN COMMISSION January 2006 EN Investing in Europe's Member States and regions After the European Council's Agreement on the Financial.
MINISTRY OF FINANCE ECONOMIC STABILITY AND INVESTMENT PLAMEN ORESHARSKI MINISTER OF FINANCE March 11, 2008.
Ministry of Development Key facts and figures on economy and investment in Poland.
ZONE OF OPPORTUNITIES 13th April POLISH SPECIAL ECONOMIC ZONES Is a part of territory of Poland (greenfield/brownfield) in which business may be.
SLOVENIA in brief Area: 20,273 sq. km Capital: Ljubljana Population of 2 million EU member state - May 2004 Euro zone - January 2007 OECD member - July.
Poland’s 10 years in the European Union. Political dimension of Poland’s EU membership: how Poland has changed Europe.
INVEST IN BOSNIA AND HERZEGOVINA YOUR NEW OPPORTUNITY Sarajevo, March 2011 “KOIMA“ DELEGATION VISIT TO BIH.
POLISH INFORMATION AND FOREIGN INVESTMENT AGENCY Competitiveness of Poland.
Ministry of Economy Partnership for prosperity Poland - Your Strategic Business Partner in Europe Mr. Dariusz BOGDAN Undersecretary of State Ministry of.
Economic Overview April Production Productivity Employment, working hours Inflation, output prices Wages, unit labour cost Trade balance Outline.
April, 2012 Strategy and Analyses Department Poland’s economy Poland’s economy & CEE region countries.
International Conference CZ PRES “Tourism Industry: Employment and Labour market challenges” Christophe Demunter European Commission – DG EUROSTAT – Unit.
Dorota Malgin Legal Adviser Business Innovation and Skills Department, UK Kyiv, 24 February 2016.
POLSKA AGENCJA INFORMACJI I INWESTYCJI ZAGRANICZNYCH May, 2014 Poland Investment Opportunities.
POLISH INFORMATION AND FOREIGN INVESTMENT AGENCY Business opportunities in Poland.
Lisbon and Croatia Zagreb, Does Lisbon work for Croatia? with an emphasis on innovation Arjan Lejour prepared for the international conference.
Investment Opportunities in Bosnia and Herzegovina Oct 27 th, 2009 Eldin Kajevic Consul General Consulate General of Bosnia and Herzegovina in Chicago.
1. 2 Right place, Right people for Your Business.
RZESZOW, June EDUCATION 9 Universities 60 Departments of education Students (25% technical studies) Rzeszow University of Technology the.
Pomeranian Special Economic Zone Your Best Investment Choice People’s Republic of China, September 2010.
Who we are: InvestBulgaria Agency is a government investment promotion arm, part of the Ministry of Economy IBA services: Macroeconomic data on Bulgaria.
Business Environment in Latvia
Economic Survey Poland in the eyes of foreign investors
Investment Opportunities
Economic Survey Poland in the eyes of foreign investors
POLISH INFORMATION AND FOREIGN INVESTMENT AGENCY
Sofia real estate market – the need for a strategic FDI city positioning June 2019.
Presentation transcript:

POLSKA AGENCJA INFORMACJI I INWESTYCJI ZAGRANICZNYCH Poland Investment Opportunities

Poland – key facts Territory: km 2 – 6 th place in the EU Population:38.1 m. – 6 th place in the EU Currency:PLN (1 EUR ~ 4.19 PLN) GDP in 2011:1 525 bn PLN (ca. 370 bn. EUR ~4.12 EUR/PLN) Membership:EU, NATO, OECD, WTO, Schengen Zone

ES 0,4% PT -1,6% FR 1,7% BE 1,8% NL 1,0% DE 3,0% EE 8,3% LV 5,5% LT 5,9% IT 0,4% TR 8,5% HU 1,6% AT 2,7% RO 2,2% SK 3,2% FI 2,8% SE 3,7% UK 0,9% GR -7,1% DK 1,1% BG 1,7% IR 1,4% CZ 1,9% NO 1,2% PL PL+4,3%* Real GDP changes in 2011 Source: Eurostat Poland was the only economy in the EU with positive growth 2010 Poland was the third fastest growing economy in the EU 2011 Polish economy was growing twice faster than EU average 2012 Poland is expected to grow by 2,4%, EU average is -0,3% (Europ. Commision)

European Commission Economic Forecast Autumn 2012 Previous growth expectations were reduced, but Poland still maintains relatively fast pace of economic growth Source: European Commission, November Real GDP growth (%) EU27-0,30,41,6 Eurozone-0,40,11,4 Germany0,8 2,0 Poland 2,4 (2,0*) 1,82,6 Czech Republic-1,30,82,0 Slovak Republic2,62,03,0 Hungary-1,20,31,3 Bulgaria0,81,42,0 Romania0,82,22,7 ()* Actual performing according to the Central Statistical Office

Unemployment rate in 2012 Unemployment in EU27: 10.7% Eurozone: 11.8%, Poland: 10.6% Unemployment in EU27: 10.7% Eurozone: 11.8%, Poland: 10.6% Source: Eurostat, November 2012 or latest available data.

Source: UNCTAD, World Investment Prospects Survey , World Investment Report  Stable economic situation  Market growth  Size of internal market  Access to regional markets  Cooperation with suppliers and business  System of investment incentives Poland is among 15 most attractive investment locations in the world Effectiveness in utilizing FDI appraised as “above expectations” Main advantages of Poland

EY European Attractiveness Survey Poland – the 2 nd most attractive country in Europe for FDI in the next 3 years

Poland in Financial Times FDI quality in industrial processing sector Source: Financial Times/ FDI Intelligence. Poland– 3 rd place in the World, 1st in Europe

9 In the next 7 years emerging markets are expected to be be reposponsible for over 50% of global GDP Source: Fortresses and Footholds: Emerging market growth strategies, practices and outlook, Deloitte, January 2012 r. Poland – biggest opportunities of income increase 45% of transnational corporations that invest in developing countries point Poland as a location that offers the biggest opportunities of income increase in 3-year perspective Poland takes the 2 nd place in Eastern Europe (after Russia)

One organisation may be wrong, but a few of them must be right 6 th place globally in most attractive FDI destinations ranking UNCTAD 3 rd place globally in quality of processing industry Financial Times 2 nd place in Europe in a group of the most attractive countries in the next 3 years Ernst & Young Poland – on top of statistics

Poland is one of the fastest developing countries: 5 th in the World, 1 st in Europe. Source: The Economist 2011.

Source: CB Richard Ellis, September TOP 15 CITIES

Poland is 3 rd location worldwide for business services Source: The Hackett Group, April, Poland is on the 3 rd place worldwide on the shortlist destinations of companies searching for the best location for  financial,  accounting  advisory centers. Poland is on the 3 rd place worldwide on the shortlist destinations of companies searching for the best location for  financial,  accounting  advisory centers.

Manufacturing According to Deloitte Poland is 2nd in Europe in manufacturing competitiveness According to Deloitte Poland is 2nd in Europe in manufacturing competitiveness Source: Deloitte, 2013 Global Manufacturing Competitiveness Index. Index value (maximum = 10). Numbers in brackets indicate position in ranking of 38 countries

Information and Communications Technology ICT Development Index: Poland 31st of 155 countries in ICT availability, usage and skills ICT Development Index: Poland 31st of 155 countries in ICT availability, usage and skills Source: United Nations International Telecommunication Union (ITU), 2012 Measuring the Information Society Index value (higher score = higher ICT development). Numbers in brackets indicate position in ranking

The lowest corruption in the region Transparency International: Poland has the lowest corruption among CEE countries Source: Transparency International, 2012 Corruption Perceptions Index Index value (higher score = less corruption). Numbers in brackets indicate position in ranking of 176 countries

„Poland is one of the world's few success stories since the fall of the Soviet bloc, a development that is particularly noticeable in comparison with other countries in Eastern Europe. Statistics show that hardly anyone in Europe works as much per year as the Poles, and that they are also happier on average than other Europeans.” Der Spiegel, (May 2012) The Miracle Next Door. Poland Emerges as a Central European Powerhouse „Poland is the most striking recent economic success story in the EU. It is the only country not to have fallen into recession in 2009 and is pegged to have the fastest GDP growth in the union this year, while the government of premier Donald Tusk enjoys a rare political stability, embarking on its second term of office. ” Financial Times (June 2012) Euro 2012 to highlight Poland’s success Poland – A Success Story

„Poland is the South Korea of Europe – its economy moves faster than the German locomotive.” La Repubblica (June 2012) · Poland – A Success Story „Poland remains, despite the crisis, the champion of economic growth. The state budget has doubled in the last decade, the country was well governed.” Die Welt (June 2012), Wunderkind Polen „Poland is already the champion of Europe - in terms of economic growth. An estimated GDP growth for 2011 was revised upwards by Brussels (to 4.3%) and is nearly three times bigger than the average of 27 (1.5 %). What saved the Polish growth during the 2009 crisis is that it is driven by strong domestic demand (population of 38 million).” Le Figaro (March 2012) La Pologne, championne européenne de la croissance

Investment Climate – PAIiIZ’s & Pentor research The investment climate was given a grade 3.6 – 2nd best in history (scale 1-5max) Entrepreneurs appreciate foremost: Market size (4.2 point), Political stability (4.1 point), Labour force availability (4.0). The investment climate was given a grade 3.6 – 2nd best in history (scale 1-5max) Entrepreneurs appreciate foremost: Market size (4.2 point), Political stability (4.1 point), Labour force availability (4.0). Big companies (>250 employees) perform pretty well: 51% recorded export increase, only 6,0% decline, 75% had a turnover increase, 87% companies plan either to increase or sustain the employment at a current level. Big companies (>250 employees) perform pretty well: 51% recorded export increase, only 6,0% decline, 75% had a turnover increase, 87% companies plan either to increase or sustain the employment at a current level.

Ca. 90 thousand projects have received support of EUR 14,2 bn. Certified payment application constituted 105% of allocations EU funding Support areas

Transportation 779 km built/reconstructed expressways km built/reconstructed national and local roads 635 km built/reconstructed railways Transportation 779 km built/reconstructed expressways km built/reconstructed national and local roads 635 km built/reconstructed railways European funding What have we reached? Examples Ecology km built/reconstructed sewerage, km built/reconstructed water supply pipelines 275 built/reconstructed city water pipelines built/reconstructed home wastewater treatment plants Development of human capital 2,7 mln people (incl. 1,6 mln women) has received supprot from ESF Development of human capital 2,7 mln people (incl. 1,6 mln women) has received supprot from ESF Entrepreneurship and innovations of SME received support for new implemented investments 17 science parks have received support

European funding Absorption of European funding (mln EUR) Poland and EU member states

Human Resources Źródło: EIU, Eurostat. Main university centres Szczecin Tricity Warsaw Poznan Wroclaw Cracow Lodz Students in given EU countries 20 million of talented young people, who speak foreign languages 2 mln students, over graduates every year 87% of students speak foreign languages 50% of population is younger than 35 yrs. (in the group between 20 and 29 y.o. 1/3 studies) there are 460 of higher education institutions in Poland

Foreign language capability by age groups Source: CBOS Survey Foreign language capability among students Learning of foreign languages is obligatory in the Polish education system English is the most popular foreign language in Poland Source: Randstad. Children learn foreign languages from the age of 6 Language proficiency is one of the strongest points for Poland as a BPO center Human Resources

Size of the market Markets served: Internal market of 38 mn people Unlimited access to the EU market Strong relations with CIS area and Balkan states radius 1000 km 250 mln people radius 2000 km 550 mln people Stable economy: GDP growth in Poland 3.9% in 2010, 4.3% in 2011 Main growth factors: domestic demand and foreign trade

I.CIT exemption in Special Economic Zone only available in Special Economic Zone (SEZ) II.Government grants through individual negotiations individually approved and granted by the Ministry of the Economy based on the Council of Ministers’ Resolution III.Real estate tax exemption subject to negotiation with the local authorities only in case if the investor is the owner of the building (provided by the Commune Council) IV.Cash grants available through EU Funds subject to negotiation with different managing institutions depending on the investment project key parameters State aid All above presented instruments can be combined together however the total amount of state aid cannot exceed the maximum aid intensity

State aid Special Economic Zones  Special Economic Zone (SEZ) is an area dedicated specifically for investors where they can receive special benefits  Major purpose of SEZ is to support local growth  There are 14 SEZ + many subzones  Cumulative area = hectares  SEZ will operate at least until 2020  Permits to conduct activities in SEZ are issued by the authorities of each SEZ  Minimum investment: EUR 100,000  Possibility of including the land selected by an investor into SEZ  Special Economic Zone (SEZ) is an area dedicated specifically for investors where they can receive special benefits  Major purpose of SEZ is to support local growth  There are 14 SEZ + many subzones  Cumulative area = hectares  SEZ will operate at least until 2020  Permits to conduct activities in SEZ are issued by the authorities of each SEZ  Minimum investment: EUR 100,000  Possibility of including the land selected by an investor into SEZ Benefits from obtaining a permit to conduct activities in SEZ:  eligibility for income tax exemption – a form of regional aid  plot of land prepared specifically for an investment project at a competitive price  free assistance in dealing with formalities relating to the investment project Benefits from obtaining a permit to conduct activities in SEZ:  eligibility for income tax exemption – a form of regional aid  plot of land prepared specifically for an investment project at a competitive price  free assistance in dealing with formalities relating to the investment project

Corporate Income Tax (CIT) rate: 19% Personal Income Tax (PIT) rates: 18% & 32% Value added tax (VAT) basic rate : 23% reduced rates : 8%, 5% export rate : 0% Social Security Tax paid by employer between 17.48% and 20.41% Tax rates

In the first half of 2012 the number of foreign direct investment projects initiated globally dropped by 23 percent. Poland was an exception to the trend, seeing FDI grow, attracting 155 projects worth a total of $823 million and creating 5,100 jobs. In the first half of 2012 the number of foreign direct investment projects initiated globally dropped by 23 percent. Poland was an exception to the trend, seeing FDI grow, attracting 155 projects worth a total of $823 million and creating 5,100 jobs. Poland – greenfield projects According to fDi data, through the end of September 219 FDI projects worth close to $1.5 billion had created 8,300 jobs in Poland. That is more jobs created than in the whole of According to fDi data, through the end of September 219 FDI projects worth close to $1.5 billion had created 8,300 jobs in Poland. That is more jobs created than in the whole of 2011.

Why Poland? Availability of skilled human resources Economic and political stability Effective incentive system including EU-Funding Strategic location – gateway to the EU

Warszawa, ul. Bagatela 12 tel. (+48 22) , fax (+48 22) Thank you for your attention