Transcript Slajd 1

POLISH INFORMATION
AND FOREIGN INVESTMENT AGENCY
Investment attractiveness of Poland
Bartłomiej Pawlak
President
Polish Information and Foreign Investment
Agency
Kiev, July 1, 2016
Poland – introduction
Area:
6th in the European Union (312. th. km2)
Population:
6th in the European Union (38.5 million)
Currency:
PLN (1 USD ~ 4.0 PLN, 1 EUR ~ 4.4 PLN)
GDP*:
USD 548 billion (current, US$)
per capita*:
USD 14,422 (current, US$)
GDP growth*: 3.6% (2015), 3.6% (2016), 3.6% (2017)
Membership:
AIIB, EU, NATO, OECD, WTO, Schengen
Source: *IMF, April 2016.
The role of the Polish Information and
Foreign Investment Agency
PAIiIZ has the following goals:
1. Attracting and supporting foreign investors coming to Poland
2. Economic promotion of Poland
3. Strenghtening investment climate in Poland
4. Supporting Polish companies abroad
Poland among EU leaders in terms of FDI jobs creation
45.0
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
UK
Poland
Germany
Russia
France
Romania
Hungary
Ireland
Serbia
Slovakia
4
Source: EY, European Attractiveness Survey, 2016.
FDI stock in Poland
at the end of 2014
35.0
28.0
20.0
19.9
15.0
10.8
10.0
9.3
7.0
6.4
6.2
5.9
United
Kingdom
20.4
United States
25.0
Total stock:
EUR 171.6 bn
Austria
29.6
Cyprus
30.0
Source: National Bank of Poland. 2015
Italy
Spain
France
Luxembourg
Germany
EUR bn
0.0
Netherlands
5.0
Location within the administrative framework
Ministry of
Development
Supervision
WPHI, embassies
abroad
Ministry of
Foreign Affairs
PAIiIZ
Partnership
Local authorities
Partnership
COI locally
International recognition of Poland
25th place globally, Ease of Doing Business
(World Bank, Doing Business 2016 report )
2nd place in Europe in terms of jobs created
5th most attractive investment destination in Europe
6th place in terms of number of investement projects
(EY’s 2016 European Attractiveness Survey)
7
Economy
Competitive advantages
exceptional stability in Europe
long term growth
growth potential, robust fundamentals
unique competitive advantages
well-educated, ambitious workforce
460 universities & high education schools
language proficiency
increasing labour productivity
Support
Labour
Location
strategic location in continental Europe,
part of trans-European transportation corridor
neighbouring Germany, 506 m in the EU
access to the Baltic Sea
tax exemptions in 14 SSE
local tax reliefs
government grants
EU grants
2016 AHK Competitiveness Survey
6
5
4.8
4.4
4.3
4.2
4
4
3.9
3.9
3.9
3.9
3.8
3.7
3.3
3
2
1
0
1 – inattractive
6 – very attractive
Source: German-Polish Chamber of Commerce, 2016.
3.2
3.2
3
2.8
2.8
2.7
2.6
2.5
2.5
Poland – positive investment factors
Positive investment factors
0
0.5
1
1.5
2
2.5
3
3.5
4
4.5
1. UE membership
2. Labour skills
2016
2015
3. Higher education
4. Labour quality and availability
5. Labour productivity and motivation
10
Source: German-Polish Chamber of Commerce, 2016.
Poland – negative investment factors
Least positive investment factors
0
0.5
1
1.5
2
2.5
3
3.5
15. Public administration
16. Public procurement transparency
2016
17. Tax burden
2015
18. Tax system and tax office
19. Social and political stability
20. Economic policy predictability
11
Source: German-Polish Chamber of Commerce, 2016.
HSBC Investment Climate Research
average
very good
good
bad
YES
very bad
NO
 Investors have given 3.7 out of 5.0 to the investment climate
 A dominant answer regarding investment climate: good
 Significant improvement in the overall score in recent years –
current score best since 2007
12
Source: Investment Climate Survey, GrantThornton, HSBC, Nov 2015
UKRAINE – POLAND: Let’s re-connect!
Ecosystem
Market
Financial instruments
Support
Joint
Ventures
Do business
WITH Poland
IN Poland
FDI’s
High tech
Start ups
POLAND’S BUSINESS SUPPORT OFFER (examples)
GO GLOBAL
with Poland
Poland – springboard to the EU, USA, etc.
Business Support Institutions in Poland
Over 800 business support
organisations in Poland
 176 technology transfer centers
 42 technology parks
 23 technology incubators
 46 business incubators
 24 academic business incubators
 41 technology transfer centers
Source: PARP, as of the end of 2014.
Served projects – sectors
Projects
Value
(mln EUR)
Employment
USA
48
516
9962
Germany
23
980
6130
Switzerland
11
85
5016
Japan
10
159
3525
Korea
10
371
2007
TOTAL
181
3708
41370
Country
15
Source: PAIiIZ, 27.07.2016
Served projects – sectors
Projects
Value
(mln EUR)
Employment
BSS (IT+BPO)
70
143.6
19 426
Automotive
34
1 391.7
10 543
R&D
13
59.7
1 630
Food sector
13
467
1 985
Aviation
6
357.5
1 210
Sector
Source: PAIIIZ, 27.07.2016
State support for investors
CIT exemption in Special Economic Zone
only available in Special Economic Zone (SEZ)
Government grants through individual negotiations
individually approved and granted by the
Ministry of the Economy
Real estate tax exemption
subject to negotiation with the local authorities
only in case if the investor is the owner of the building
(provided by the Commune Council)
Cash grants available through EU Funds
subject to negotiation with different managing
institutions depending on the investment project key parameters
All above presented instruments can be combined together however the total
amount of state aid cannot exceed the maximum aid intensity
Thank you for your attention
00-585 Warszawa, ul. Bagatela 12
tel. (+48 22) 334 98 00, fax (+48 22) 334 99 99
e-mail: [email protected]