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Special economic zones close PLN 1bn worth of new projects this year to date


2012-02-21



The country’s Special Economic Zones (SEZ) have approved a total of 21 new investment projects so far this year with the combined value of PLN 1bn (approx. €240m), and expect to at least match last year’s levels in the course of 2012, according to data collected by Rzeczpospolita. In 2011 new projects were worth a declared PLN 7.4bn (€1.8bn), up by nearly PLN 3bn (€719m) over 2010.

The Pomeranian zone tops the list with two projects worth PLN 300m (€71.9m), followed by the Katowice zone with one project valued at PLN 250m (€59.9m), and the Walbrzych zone with two investments worth PLN 113.5m (€27.2m). The Kamienna Gora zone, which at this time of both last year and 2010 had no projects at all, is fifth with two investments valued at PLN 62m (€14.9m), i.e. almost the same as in 2011 as a whole.

Four of the 14 SEZ have yet to approve any new investments in 2012, but they too are fairly optimistic. One example is the Legnica zone, which is in advanced talks with a number of investors and reckons 2012 may be even better than 2011, when new projects tripled in value to over PLN 600m (€144m). Likewise, the Lodz zone, which came fourth last year despite approving its first investment only in late March, is in negotiations with 15 investors.

Nevertheless, the level of investment activity in the zones will crucially depend on the government’s decision on whether to extend their lifetime beyond 2020, according to zone officials and experts.



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