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PAIiIZ piloting €6.9bn worth of FDI projects


2011-10-31



As of 28 October the Polish Information and Foreign Investment Agency (PAIiIZ) was piloting 161 foreign direct investment (FDI) projects worth a total of €6.85bn and with the potential to create nearly 47,860 new jobs, the Agency announced.

Automotive industry remains the strongest-represented sector, particularly in terms of estimated project values, with 32 potential investments worth €2.32bn that could bring 15,242 jobs; followed by business process outsourcing (BPO) with 29 projects, €33m and 9,372 jobs; machinery (11 projects worth €658m that could generate 2,946 jobs), electronics (nine projects) and ICT (seven).

In terms of country of origin, the United States tops the list with 40 projects worth over €1.1bn and with the potential to bring 9,935 jobs, followed by Great Britain (17 projects, €378m, 6,252 jobs) and Germany (15 projects, €489m, 4,522 jobs). Then there are three Asian countries with 11 projects each: China, Japan and South Korea.

In the almost 10 months since 1 January the PAIiIZ has closed 48 FDI projects with the aggregate value of €1.07bn and expected to produce over 9,300 new jobs.



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