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Special economic zones report higher activity in January-April


2011-04-28



The first four months of the year brought an upswing of investment activity in the country’s 14 Special Economic Zones (SEZ), according to data collected by Rzeczpospolita. The total value of new investment pledges received by the zones in the four months to April amounted to PLN 1.8bn (approx. €457m), an increase of 38.5% compared with the same period of last year, when the figure was PLN 1.3bn (€330m). Nearly half of the new permits were issued to existing investors.

In some zones, such as Krakow Technology Park (KPT), the Pomeranian Special Economic Zone, or the Starachowice Special Economic Zone, new projects approved in the January-April period exceeded or almost matched the value of all investments secured by them in 2010. In the Legnica and Lodz zones new investments – at PLN 149m or €37.8m and PLN 256m or €65m, respectively – were worth nine- and eight times the figure in January-April 2010. In terms of absolute values, the Walbrzych zone topped the list with PLN 350m (€88.9m) worth of new investments, more than half the figure achieved in 2010 as a whole.

The news comes as the Ministry of the Economy initiates steps to extend the zone’s lifetime until 2025-2026. At the same time, long-awaited legal changes designed to relax job requirements for investors in the zones to take account of the impact of the crisis are yet to be enacted.



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