Transcript Slajd 1

POLISH INFORMATION
AND FOREIGN INVESTMENT AGENCY
Business opportunities in Poland
Poland - Key Facts
Area:
312 700 sq km – 6th in European Union
Population:
38,12 million –
Currency:
Polish Zloty (USD 1 ~ 2.9 PLN)
GDP total:
USD 684,5 billion (PPP, 2008)
GDP growth:
6.7% (2007), 4.8% (2008), 1.4% (2Q 2009)
Membership:
EU, NATO, OECD, WTO, Schengen Zone
6th in European Union
Competitive Advantages
Location & economic fundamentals
 strategic location in continental Europe
 part of trans-european transportation
corridor
 the only country with the positive GDP
growth in 2Q 2009 in EU
 38 million of consumers
1000 km radius
250 mn people
Labor force
 young, well-educated work force
 ca 11% of university students in the EU
 456 universities & high education schools
 increasing labour productivity
Investment incentives
14 Special Economic Zones
 over 110 bn USD from EU
2000 km radius
550 mn people
„Velvet crisis” in Poland
Poland is much less affected by the crisis
than neighbouring countries
Reasons according to
Prof. Leszek Balcerowicz:
1. Stricter banks’ credit policies before
crisis compared to other countries
2. No dynamic growth of foreign debt as in
other countries
3. Financial
instruments
far
sophisticated as in the USA
less
4. Smaller influence of stock market on the
economy than in the USA
5. Falling natural resources’ prices
Poland is the only European country with the positive
GDP growth
GDP contraction - II Q 2009
(II Q ‘09 – II Q ‘08)
** EC forecasts
prepared by
* Data
national statistical
offices
GDP growth - II Q 2009
(II Q ‘09 – II ‘08)
Investment Climate in Poland
Best rated categories in the 2009 survey
Overall estimate of the
investment climate
4,0
3,0
Political stability
2,0
Estimate of the size of the
EU market
1,0
0,0
Access to qualified
personnel
Estimate of the size of the
internal market - Poland
Accessibility to materials,
stocks and components
Key findings of a 2009 survey:
• The climate was rated 3.3 out of 5 points (first improvement in 3 years’)
• No category rated worse than in previous survey
• Biggest achievements in categories rated earlier as the weakest.
Source: PAIiIZ, 2007-2009
Poland: Falling Unemployment
over 20%
09/2009
10.9%
20
10
0
2002
2003
2004
2005
2006
2007
2008
2009
Employment rate grew
since 2004 by over 5%
up to 51.0% in 2008
Source: Central Statistical Office 2009
Wages & salaries in 2009 (gross, in USD)
1 171
948
1043
998
971
985
1 471
1 055
996
981
1 181
1 052 1 123
1020
1 079
<1000
USD
1000-1100
USD
955
>1100
USD
In Sept. 2009 average salary was USD 1139
In 1990 net average pay was ca. USD 110
Source: CSO, May 2009, National Bank of Poland
FDI inflow (bn USD) and sources
23,6
25
19,8
20
14,8
12,5
15
9,3
10,3
10
6,1
5,7
4,1
4,6
5
0
2000
2001
2002
2003
2004
2005
2006
2007
2008*
2009*
* Estimated
Geographical sources of FDI inflow
EU
91,30%
Source: NBP 2009
Other
8,70%
FDI projects in 2009
PAIiIZ projects details:
• USD 6,15 bn FDI inflows for the
first 8 months
• 55% of the same period FDI
inflows in 2008
• Completed PAIiIZ projects worth
USD 500 m
• 5 355 new workplaces created
by PAIiIZ projects
• Most popular sectors:
• Automotive
• BPO
• Renewable energy
Source: PAIiIZ, 2009
Poland in World Investment Report 2009 & 2008
Poland as a major FDI recipient in the region:
Poland attracted ca. USD 16.5 billion in 2008, the highest
amount among 12 new EU states.
According to UNCTAD the key factors
attracting FDI to Poland are:
• rapidly expanding domestic market
• flexible & skilled labour force
• solid banking system
Source: World Investment Report, UNCTAD 2009
There are ca 2m university students in Poland
TRICITY
Main academic centers
SZCZECIN
POZNAN
500
450
BIALYSTOK
BYDGOSZCZ-TORUN
WARSAW
453
443
LODŹ
WROCLAW
400
LUBLIN
thousands
350
KATOWICE
300
250
200
171
132
150
100
88
65
58
28
50
9
21
Students
Graduates
0
Humanities &
social
sciences
Science
ICT
Source: Polish Statistical Office 2009
Engineering
B&A and Law
KRAKOW
RZESZOW
Higher education trends in 2009
30000
25000
20000
15000
10000
5000
en
t
Ma
na
ge
m
gy
Pe
da
go
La
w
0
om
y
• 2 Universities of
Technology (Gdansk &
Warsaw) among 3 most
popular high schools
35000
Ec
on
• 2,8% secondary school
graduates applied for
technical studies in 2009
(2,0% in 2008)
40000
n
of
ns
tr u
ct
io
• Increasing popularity
technical studies
Number of 1st year students
by group of fields
are
Co
• The most popular
economical studies
Source: NBP portal, 2009
Knowledge of Foreign Languages
57% Poles is able to speak at least
one foreign language,
• 32% of Poles speak two,
• 4% - three languages.
Percentage of young Poles
speaking foreign languages
Similar situation in EU:
• 56% of EU citizens speak
one foreign language,
• 28% - two languages.
97%
100%
90%
80%
59%
70%
60%
37%
50%
40%
22%
30%
Learning of foreign
languages is obligatory in the
Polish education system
20%
10%
0%
English
German
Source: Eurostat 2006, TNS Opinion & Social (UK) December 2006, Ranstadt 2008
Russian
French
Poland in World Investment Prospects Survey 2009-2011
- The 11th most attractive for investors
Presence of suppliers and
partners
30
Stable and business-friendly
Follow your com petitors
environm ent
20
Availability of skilled labour and
Quality of infrastructure
talents
10
Incentives
0
Cheap labour
Governm ent effectiveness
Size of local m arket
Access to international/ regional
m arkets
Grow th of m arket
Access to natural resources
Poland
World
Source:UNCTAD, World Investment Prospects Survey 2009-2011
Tholons Top 50 Emerging Global
Outsourcing Cities
„Poland is emerging as a premiere nearshore shared services
center for Western European and Scandinavian client markets.
With its capabilities in serving the full spectrum of services in both
ITO and BPO spaces — Poland has emerged as arguably the
strongest competitor in the region for a spot in the Top 5 Offshore
Nations list.”
Top 5 offshore nations
Top Global Outsourcing Cities
Rank
2009
City
Country
Rank
2007
Rank
2008
1. Canada
1
Cebu City
Phillippines
4
1
2. Russia
2
Shanghai
China
8
2
3. Mexico
3
Beijing
China
10
3
4. Vietnam
4
Kraków
Poland
16
5
5. Poland
…
…
…
Poland
26
28
…
28
…
Warsaw
Source: Top 50 Emerging Global Outsourcing Cities, 2009
Top 10 best performing industrial space
locations in Europe
Industrial space occupation cost
140
• 4 Polish cities among top 10
locations in Europe
80
60
40
20
Malmo
Lyon
Sofia
Rotterdam
Geneva
Katowice
Warsaw
Kyiv
Poznan
0
Cracow
• Growth was driven by strong
demand and by insufficient
supply
100
EUR/sq. m./year
• Average rental cost growth
in Poland reached 28%
in 2008
120
Source: Cushman & Wakefield, 2009
Services and Manufacturing Hub
Automotive
White goods
Electronics
Services and Manufacturing Hub
Aviation
BPO
R&D
Forms of state aid in Poland
I.
Government grants through individual negotiations
individually approved and granted by the
Ministry of the Economy based on the
Council of Ministers’ Resolution
II.
CIT exemption in Special Economic Zone
only available in Special Economic Zone (SEZ)
III.
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)
IV.
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
More than EUR 87 billion in 2007-2013
Operational Programmes will be financed from the EU Funds
(more than EUR 67 bn) and Polish contribution (over EUR 20 bn)
25%
41%
1%
1%
4%
13%
15%
Infrastructure and Environment
Human Capital
Innovative Economy
Development of Eastern Poland
Programmes of the European Territorial Cooperation Objective
Technical Assistance
Regional Operational Programmes
Why Poland? Summary
Strategic location – gateway to EU
Economic and political stability
Availability of skilled human resources
Effective incentives system including EU-Funds
Agency’s offer
Agency’s offer
Considering of investment
Strategic decision regarding new investment,
destination of investment. Analysis of
macroeconomic, social and political conditions of the
countries, including investment incentives system
Long list of countries
Project Managers assistant, fact finding
missions, authorities and Special
Economic Zones contact support
Short list
Short list of countries, choice of
locations, investment incentives
system’s analysis, negotiations
with central and local authorities,
finding the potential partners
Investment decision
Tailor-made information on:
• legal environment, economic situation, HR
pool, infrastructure, incentives available in
Poland
• sectoral data and other required information
• Set of real estate offers
• Fact-finding missions and site selection visits
• Project Managers assistance in
• contact with local and central authorities
• co-operation with Special Economic
Zones (support in negotiation process)
where available
• Information about the available incentives for
the specific project
• PAIiIZ assists in obtaining financial support
from the state government and other sources
within the existing investment incentives
scheme
• Finding potential suppliers
• After-care services
• Press conference
• Ombudsman for foreign investors
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]