Poland Investment Newsletter (Issue 358)

Date: Jan 2014


Among the world’s 20 fastest growing countries, 10 comes from Sub-Saharan Africa, said PAIiIZ deputy president Monika Piątkowska during the first POLANDAFRICA congress held in Łódz. The two-day meeting, co-organised by PAIiIZ, was held to present the business potential of Africa.

Africa is one of the fastest developing regions in the world and Poland, being in the process of development, is looking for new business partners, said deputy prime minister Janusz Piechociński, opening the conference. Africa and Poland are different, but they also have much in common - especially the “entrepreneurial spirit”, said many speakers. The Congress brought together diplomats from African countries, representatives of the Polish government and Polish and African companies.

The congress’ program included also sessions in thematic groups with the panel on investments led by Ms Piątkowska, as well as B2B talks of Polish and African entrepreneurs. The congress was held in Łódź between 26-27 November.

High Time to Enter SEZ

On 25 November in PAIiIZ, EY has presented “Poland - a true special economic zone" report on the development of Polish Special Economic Zones.

Special Economic Zones are usually associated with the support for foreign investors. The truth is, that they are designed also for local investors, said PAIiIZ president Sławomir Majman, while opening the discussion on the conference issue. 14 economic zones, which offer tax breaks “the pearls in the crown” of county’s incentive system - he added.

According to the EY report Polish cumulative GDP growth in 2008-2012 amounted to 18.1%, which is by far the best result in the EU and one of the best in the OECD. During this period EU economy has shrunken by 0.8%.

Warsaw Initiative in Bucharest

Prime minister Donald Tusk, deputy minister of economy Ilona Antoniszyn-Klik, and PAIiIZ president Sławomir Majman and 20 Polish entrepreneurs took part in the China - Central and Eastern Europe Economic and Trade Forum in Bucharest.

This is the first meeting of the new Chinese prime minister Li Keqiang with Polish prime minister. Mr Tusk has encouraged summit participants to more effective tourism cooperation between the CEE region and China. The summit is a continuation of the Warsaw Initiative meeting held in April 2012.

The China-Central and Eastern Europe Economic and Trade Forum gathered leaders of 16 European countries including Balkan states outside the UE.

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