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PAIiIZ piloting €6.2bn worth of FDI projects


2011-09-09



As of 5 September Polish Information and Foreign Investment Agency (PAIiIZ) is piloting 170 foreign direct investment (FDI) projects worth a total of €6.2bn and with the potential to create more than 47,000 new jobs, the Agency announced. Over the two immediately preceding weeks alone the PAIiIZ acquired seven new projects.

Automotive industry remains the strongest-represented sector, particularly in terms of estimated project values, with 31 potential investments worth €2.3bn that could bring 14,371 jobs; followed by business process outsourcing (BPO) with 28 projects, over €39m and 9,461 jobs; machinery (16 projects worth €705m that could generate 3,661 jobs), ICT (10 projects), chemicals (nine projects) and R&D (seven).

In terms of country of origin, the United States tops the list with 39 projects worth €1.1bn and the potential to bring 8,667 jobs, followed by Great Britain (18 projects, €355m, 6,158 jobs) and China (15 projects, €246m, 3,046 jobs). There are 13 projects from German firms and 11 each by companies from Japan and South Korea.

The PAIiIZ has completed 36 FDI projects so far this year, with the total value of €971m and expected to create 8,366 jobs.



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