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10 May 2017
European Economic Congress: Focus on Africa
Between 10-12 May Katowice hosts the 9th European Economic Congress. PAIH is the partner of this three-day event that gathers several hundred panellists from all over the world.
On the first day of the congress, PAIH representatives took part in The 4th Africa - Central Europe Economic Co-operation Forum to discuss business opportunities of the continent as well as the role of the state in supporting the expansion of Polish companies in African markets. “Still, there is a great need and a business niche for Polish companies in Africa”, argued Wojciech Fedko, PAIH Vice President responsible for foreign expansion in the Agency. As he argued, all African countries are rapidly developing their agriculture systems and need modern machinery to produce food there.
“The fast progress of infrastructure in Africa impacts on growing demand for services construction services in such countries as Kenia, Senegal, The Ivory Coast”, Fedko said. “Despite its business potential, Africa is a very challenging market with a completely different business culture. Theretofore, one should be prepared for a long- term business presence there”, he added.
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Mr Fedko talked about the vast range of support offered to Polish companies in African market by Polish Trade and Investment Agency and all companies affiliated in the Polish Development Found (PFR). „Operating as a member of PFR, the Agency can offer a complex support system for Polish foreign investors and exporters”, he said.
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The most crucial element of this system is the programme of Foreign Trade Offices of the Agency with the first office in Africa that has been opened in Nairobi. „The Office in Kenia provide information to Polish companies on business opportunities in local market, search for potential business partners, organise business missions, meetings and workshops”, he expanded.
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The 9th European Economic Congress is a three-day event, one hundred panel discussions on the most important topics shaping the future of Europe. (PAIH)
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