POLISH INFOMATION AND FOREIGN INVESTMENT AGENCY
NEWSLETTER
 June 23rd, 2016,
 Issue 490

NEWS

President Xi in Poland: Poland - China Business Forum
“It is the best time for the visit”, said Polish deputy minister of development Domagalski, opening the Poland - China Business Forum in Warsaw. This was the first economic event accompanying the official visit of the president of China, Mr Xi Jinping to Poland. During the forum, 6 Polish - Chinese cooperation agreements were signed, which will contribute to the revival of economic relations between the two countries.


PAIiIZ CCPIT MoU Signing

According to Chinese statistics, cited by the head of the China Council for the Promotion of International Trade (CCPIT), Mr Jiang Zengwei, one quarter of trade between China and the whole CEE in 2015 was generated by Poland. (PAiiIZ)


B. Pawlak: Plan for Responsible Development and Chinese One Belt One Road are in symbiosis

More information: www.paiz.gov.pl/20160620/visit_of_Chinese_president_Poland_China_Business_Forum

Polish and Chinese presidents about the New Silk Road
“China and Poland are on the eastern and western ends of the new Eurasian bridge and at the same time are in a crucial moment of improvement and modernization of each economy”, said President of China, Mr Xi Jinping at the Silk Road Forum 2016. Held on 20 June in Warsaw, the event was attended by presidents of the two countries:Poland and China.


The New Silk Road Forum 2016 accompanying the visit of President of China Xi Jinpinga to Poland (photo: PAIiIZ

“The Silk Road Forum should be perceived as one of “the 16+1 initiative” events that strengthens the cooperation between China with the rest of Europe”, said Polish President Andrzej Duda. He also noted that the Polish government put special emphasis for the mutual cooperation that improves the quality of life of the citizens. Deputy Prime Minister of Poland Beata Szydło stressed in turn, that the Polish-Chinese economic relations have never been as intense as they are today. “Thanks to its location and seaports, Poland is a natural partner for China. I believe that this meeting will release energy to the next, mutually beneficial projects” - she said. (PAIiIZ)


Panel discussion during the Silk Road Forum 2016

More information: www.paiz.gov.pl/20160620_the_new_silk_road_forum

INVESTMENTS IN POLAND

Next 200 new jobs in Wałbrzych SSE
Located in Wałbrzych Special Economic Zone, city of Bolesławiec has attracted next investor - a German company Rhenus. Due to this project, 200 new jobs will be created in Bolesławiec.

Rhenus is a global logistics company owning 8 warehouse locations and 13 logistic centres in Poland, that together are able to service 50,000 deliveries a day. Now, the company will build the next logistic centre in Bolesławiec. The investment will have a value of PLN 82m.


Rhenus Group is building a logistics centre in Boleslawiec

This will be the biggest Rhenus’s investment in Poland and one of the biggest in Europe. In total, 100,000 m2 of warehouse area will be created by Rhenus.

Rhenus is the 10th investor operating in Bolesławiec under Wałbrzych SEZ. Other companies have already invested PLN 235m and created 600 new jobs, there. Still, 25 hectares of investment plots are waiting for new investors, in Bolesławiec. (WSEZ)

EVENTS

IT sector in Japan
PAIiIZ, JETRO and the Ministry of Economy, Trade and Industry of Japan invite you to a seminar on investment opportunities in the IT sector in Japan. The seminar will be held on Monday, 27 June in PAIiIZ Press Centre (ul. Bagatela 12, Warsaw).

Currently, JETRO or Japan External Trade Organization encourage foreign investors to enter Japan, especially to the IT sector that is now looking for new technologies in Internet of Things (IoT), Big Data and security of IT systems.

During the seminar one will be provided with information on Japanese economy, including the IT market, ongoing governmental reforms, as well as the investment incentives and support offered by JETRO for foreign investors. Case studies of effective cooperation with Japanese companies will be also presented.

Seminar will be held in English. Admission is free and available after registration (until 23 June): www.jetro.go.jp/form5/pub/pow/it_invest_seminar

More information:

The event is organized by PAIiIZ and JETRO with the support of the Polish Chamber of Information Technology and Telecommunications. (PAIiIZ/JETRO)

Towards Moscow
Trade and Investment Section of the Polish Embassy in Russia invites Polish companies to join to incoming trade shows this summer: Innoprom 2016 (10-14 July) and MIMS Automechanika 2016 (22-25 April).

During both meetings Polish companies will have the opportunity to present their catalogues, leaflets and other promotional material on the National Stand.

To join the event, please contact Polish Embassy in Moscow: Stanisław Podściański, VOIP +48 22 490 97 43; +7(495) 231 16 11; +7(985) 299 75 92.

More information about both events: www.innoprom.com and www.mims.ru

ANALYSES AND REPORTS

UNCTAD World Investment Report
Once again, Poland proves its leading position in Central - Eastern Europe. According to UNCTAD "World Investment Report" (WIR) published on 22 June, Poland maintained the leading position in the region in the inflow of foreign direct investment (FDI) in terms of the value. In 2015, the total value of global FDI went up by 38% y/y and reached the level of $1,76 trillion. That's the highest results since the crisis of 2008/9.

As shown in the WIR report, the table of global giants reshuffled. Occupying third place in the previous year, the United States, now jumped to the first place, thanks to almost four-fold increase of FDI inflows (from 107 to 380mld $). The US swapped places with China, which currently is the third, with the total inflow of investment reaching $136bn. In contrast, Hong Kong maintained its second position of FDI receiver, globally. In the top five there are also: Ireland, that has moved up from 11th place, as well as the Netherlands that made a jump up by 30 positions.

The last two examples show that 2015 was a very successful time in investments for Europe. The continent reported a total increase of value of FDI from $306bn to $504bn. However, according to WIR, in 2015, Central and Eastern Europe was slightly slowing down when it comes to the value of capital invested there. Large declines were reported in Poland’s main competitors: the Czech Republic, where the total value of projects fell by 78%, and Hungary, with a decrease reaching 83%. Although, Poland also noted a decline of the total value of FDI projects (in total by 40%), the level of FDI was the highest in the CEE region and amounted to $7.5bn.

Poland is the most attractive country for investment in Central - Eastern Europe. Three categories clearly proves this thesis. The country is the number one in the total value of FDI, as well as new jobs created due to investments (almost 20,000). It is worth noting that in terms of new jobs, Poland has the second best results in the whole Europe. The country has also managed to attract the biggest number of FDI in Central Eastern Europe (211 FDI in 2015), winning the 6th place across the Europe. The number of new jobs and as well as the number of new FDI has been surveyed in EY’s Investment Attractiveness report, European edition. The report was issued in June 2016. (UNCTAD / PAIiIZ)

Read the UNCTAD WIR: http://unctad.org/en/pages/PublicationWebflyer.aspx?publicationid=1555

DID YOU KNOW...?

Poland as a leader in fruit and vegetables production
Poland, Spain and Italy were in 2015 the main producers in Europe of fruit and vegetables, Eurostat reports. Apples and tomatoes were the most produced fruit in EU in terms of quantity.

According to Eurostat, in the European Union, over 2.3m hectares were devoted to the production of fruit and berries and a further 2.1 million hectares to the production of vegetables. Spain was the leading EU Member State in terms of production area of fruit in

2015, while Italy for vegetables. Apples were the most produced fruit in the EU in terms of quantity and Poland harvested 1 in every 4 apples produced in the EU. Poland was also the main EU producers of cherries, and the second, after Spain of strawberries.

Poland is one of the main producers of vegetables: as for carrots and cucumbers the country holds second place in EU. (EUROSTAT)

Read the whole report: http://bit.ly/28Oup0X


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