Transcript Slajd 1 - Ministerstwo Spraw Zagranicznych

POLSKA AGENCJA INFORMACJI
I INWESTYCJI ZAGRANICZNYCH
Poland
Investment Opportunities
Poland – key facts
Territory:
312 700 km2 – 6th place in the EU
Population:
38.1 m. – 6th place in the EU
Currency:
PLN (1 EUR ~ 4.19 PLN)
GDP in 2011:
1 525 bn PLN (ca. 370 bn. EUR ~4.12 EUR/PLN)
Membership:
EU, NATO, OECD, WTO, Schengen Zone
Real GDP changes in 2011
FI 2,8%
SE
NO
2009
3,7%
1,2%
Poland was the only
economy in the EU
with positive growth
EE 8,3%
LV 5,5%
DK
2010
1,1%
IR
Poland was the third
fastest growing
economy in the EU
1,4%
PL
UK
0,9%
NL 1,0%
BE 1,8%
2011
LT 5,9%
+4,3%*
DE 3,0%
CZ 1,9%
SK 3,2%
Polish economy was
growing twice faster
than EU average
Source: Eurostat.
HU 1,6%
RO 2,2%
IT
2012
Poland is expected to
grow by 2,4%,
EU average is -0,3%
(Europ. Commision)
AT 2,7%
FR 1,7%
0,4%
BG 1,7%
PT
-1,6%
ES 0,4%
TR
GR
-7,1%
8,5%
European Commission Economic Forecast
Autumn 2012
Real GDP growth (%)
2012
2013
2014
EU27
-0,3
0,4
1,6
Eurozone
-0,4
0,1
1,4
Germany
0,8
0,8
2,0
1,8
2,6
Poland
2,4
(2,0*)
Czech Republic
-1,3
0,8
2,0
Slovak Republic
2,6
2,0
3,0
Hungary
-1,2
0,3
1,3
Bulgaria
0,8
1,4
2,0
Romania
0,8
2,2
2,7
()* Actual performing according to the Central Statistical Office
Previous growth expectations were reduced, but
Poland still maintains relatively fast pace of
economic growth
Source: European Commission, November 2012.
Unemployment rate in 2012
16
14.5
14
10.6
10.7
10.9
EU27
Hungary
12
Poland
12.4
10
8
6
6.7
7.4
5.4
4
2
Unemployment in EU27: 10.7%
Eurozone: 11.8%, Poland: 10.6%
Source: Eurostat, November 2012 or latest available data.
Slovakia
Bulgaria
Czech
Republic
Romania
Germany
0
Main advantages of Poland
 Stable economic situation
 Market growth
 Size of internal market
 Access to regional markets
 Cooperation with suppliers and
business
 System of investment
incentives
Poland is among 15 most attractive investment locations in the world
Effectiveness in utilizing FDI appraised as “above expectations”
Source: UNCTAD, World Investment Prospects Survey 2009-2011, World Investment Report 2012.
EY European Attractiveness Survey
Poland – the 2nd most
attractive country in Europe
for FDI in the next 3 years
3
2
2
2
2
2
2
Turkey
Switzerland
Netherlands
Italy
Spain
Sweden
Can't say
3
Czech Republic
6
4
Romania
7
France
8
Russia
Poland
10
United Kingdom
35
Germany
40
35
30
25
20
15
10
5
0
Poland in Financial Times
FDI quality in industrial processing sector
Poland– 3rd place in the World, 1st in Europe
600
500
400
300
200
100
China
USA
Poland
Slovakia
Brazil
India
Germany
Russia
France
Canada
UK
Indonesia
Czech Rep.
Spain
Hungary
Vietnam
Romania
Malesia
Thailand
Mexico
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Source: Financial Times/ FDI Intelligence.
Poland – biggest opportunities
of income increase
45% of transnational
corporations that invest in
developing countries point
Poland as a location that
offers the biggest
opportunities of income
increase in 3-year perspective
Poland takes the 2nd place in Eastern Europe (after Russia)
In the next 7 years emerging markets are expected to be be
reposponsible for over 50% of global GDP
Source: Fortresses and Footholds: Emerging market growth strategies, practices and outlook, Deloitte, January 2012 r.
9
Poland – on top of statistics
6th place globally in most
attractive FDI destinations ranking
UNCTAD
3rd place globally in quality of
processing industry
Financial
Times
2nd place in Europe in a group of
the most attractive countries in the
next 3 years
Ernst & Young
One organisation may be wrong, but a few of them must be right
Poland is one of the fastest developing countries:
• 5th in the World,
• 1st in Europe.
Source: The Economist 2011.
TOP 15 CITIES
Source: CB Richard Ellis, September 2011.
Poland is 3rd location worldwide for business services
Poland is on the 3rd place worldwide on the shortlist
destinations of companies searching for the best location for
 financial,
 accounting
 advisory centers.
Source: The Hackett Group, April, 2012.
Manufacturing
According to Deloitte Poland is 2nd in Europe
in manufacturing competitiveness
Index value (maximum = 10).
Numbers in brackets indicate position in ranking of 38 countries
9
7.98
5.87
6
5.71
4.09
3
Source: Deloitte, 2013 Global Manufacturing Competitiveness Index.
Romania (29)
Czech Republic
(19)
Poland (14)
Germany (2)
0
Information and Communications Technology
ICT Development Index: Poland 31st of 155 countries
in ICT availability, usage and skills
Index value (higher score = higher ICT development).
Numbers in brackets indicate position in ranking
7.39
6.19
6.17
6
5.86
5.77
5.20
5.13
Romania
(52)
7
Bulgaria
(51
8
5
4
3
2
1
Hungary
(41)
Slovakia
(39)
Czech
Republic
(32)
Poland
(31)
Germany
(16)
0
Source: United Nations International Telecommunication Union (ITU), 2012 Measuring the Information Society
The lowest corruption in the region
Transparency International:
Poland has the lowest corruption among CEE countries
Index value (higher score = less corruption).
Numbers in brackets indicate position in ranking of 176 countries
90
80
79
70
46
44
41
Bulgaria
(75)
49
50
Romania
(66)
55
Slovakia
(62)
58
60
40
30
20
10
Czech
Republic
(54)
Hungary
(46)
Poland
(41)
Germany
(13)
0
Source: Transparency International, 2012 Corruption Perceptions Index
Poland – A Success Story
„Poland is one of the world's few success stories since the fall of the
Soviet bloc, a development that is particularly noticeable in comparison
with other countries in Eastern Europe.
Statistics show that hardly anyone in Europe works as much per year as
the Poles, and that they are also happier on average than other
Europeans.”
Der Spiegel, (May 2012) The Miracle Next Door. Poland Emerges as a Central European Powerhouse
„Poland is the most striking recent economic success story in the EU. It is
the only country not to have fallen into recession in 2009 and is pegged to
have the fastest GDP growth in the union this year, while the government
of premier Donald Tusk enjoys a rare political stability, embarking on its
second term of office.
”
Financial Times (June 2012) Euro 2012 to highlight Poland’s success
Poland – A Success Story
„Poland is already the champion of Europe - in terms of economic growth.
An estimated GDP growth for 2011 was revised upwards by Brussels (to
4.3%) and is nearly three times bigger than the average of 27 (1.5 %).
What saved the Polish growth during the 2009 crisis is that it is driven by
strong domestic demand (population of 38 million).”
Le Figaro (March 2012) La Pologne, championne européenne de la croissance
„Poland is the South Korea of Europe – its economy moves faster than the
German locomotive.”
La Repubblica (June 2012) ·
„Poland remains, despite the crisis, the champion of economic growth.
The state budget has doubled in the last decade, the country was well
governed.”
Die Welt (June 2012), Wunderkind Polen
Investment Climate – PAIiIZ’s & Pentor research
The investment climate was given a grade 3.6 – 2nd best in
history (scale 1-5max)
Entrepreneurs appreciate foremost:
Market size (4.2 point),
Political stability (4.1 point),
Labour force availability (4.0).
Big companies (>250 employees) perform pretty well:
51% recorded export increase, only 6,0% decline,
75% had a turnover increase,
87% companies plan either to increase or sustain the employment
at a current level.
EU funding
Support areas
Ca. 90 thousand projects have received support of EUR 14,2 bn. Certified payment
application constituted 105% of allocations
European funding
What have we reached? Examples
Transportation
• 779 km built/reconstructed expressways
• 4 236 km built/reconstructed national and local roads
• 635 km built/reconstructed railways
Ecology
• 13 000 km built/reconstructed sewerage,
• 5 700 km built/reconstructed water supply pipelines
• 275 built/reconstructed city water pipelines
• 1 729 built/reconstructed home wastewater treatment plants
Development of human capital
2,7 mln people (incl. 1,6 mln women) has received supprot from ESF
Entrepreneurship and innovations
2 799 of SME received support for new implemented investments
17 science parks have received support
European funding
Absorption of European funding (mln EUR)
Poland and EU member states
Human Resources
Main university centres
Students in given EU countries
Tricity
Szczecin
Warsaw
Poznan
Lodz
Wroclaw
Cracow
•
20 million of talented young people, who speak foreign languages
•
2 mln students, over 400 000 graduates every year
•
87% of students speak foreign languages
•
50% of population is younger than 35 yrs.
(in the group between 20 and 29 y.o. 1/3 studies)
there are 460 of higher education institutions in Poland
•
Źródło: EIU, Eurostat.
Human Resources
Foreign language capability by age groups
50%
Language proficiency is one
of the strongest points for
Poland as a BPO center
40%
30%
20%
Children
learn
foreign
languages from the age of 6
10%
0%
18-24
25-34
English
35-44
German
45-54
Russian
Source: CBOS Survey
Foreign language capability among students
100%
English is the most popular
foreign language in Poland
80%
60%
40%
Learning
of
foreign
languages is obligatory in
the Polish education system
20%
0%
English
Source: Randstad.
German
Russian
French
Spanish
Size of the market
Markets served:
• Internal market of 38 mn people
radius 1000 km
250 mln people
• Unlimited access to the EU market
• Strong relations with CIS area and
Balkan states
Stable economy:
• GDP growth in Poland 3.9% in 2010,
4.3% in 2011
•Main growth factors: domestic
demand and foreign trade
radius 2000 km
550 mln people
State aid
I.
CIT exemption in Special Economic Zone
only available in Special Economic Zone (SEZ)
II.
Government grants through individual negotiations
individually approved and granted by the
Ministry of the Economy based on the
Council of Ministers’ Resolution
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
State aid
Special Economic Zones

Special Economic Zone (SEZ) is an area
dedicated specifically for investors where they
can receive special benefits

Major purpose of SEZ is to support local
growth

There are 14 SEZ + many subzones

Cumulative area = 20 000 hectares


SEZ will operate at least until 2020
Permits to conduct activities in SEZ are issued by
the authorities of each SEZ
Minimum investment: EUR 100,000
Possibility of including the land selected by an
investor into SEZ


Benefits from obtaining a permit to conduct activities in SEZ:
 eligibility for income tax exemption – a form of regional aid
 plot of land prepared specifically for an investment project at a competitive
price
 free assistance in dealing with formalities relating to the investment project
Tax rates
• Corporate Income Tax (CIT)
rate: 19%
• Personal Income Tax (PIT)
rates: 18% & 32%
• Value added tax (VAT)
basic rate : 23%
reduced rates : 8%, 5%
export rate : 0%
• Social Security Tax paid by employer
between 17.48% and 20.41%
Poland – greenfield projects
In the first half of 2012 the number of foreign direct investment projects initiated globally
dropped by 23 percent.
Poland was an exception to the trend, seeing FDI grow,
attracting 155 projects worth a total of $823 million and creating 5,100 jobs.
Greenfield Projects in 2011
According to fDi data, through the end of September
219 FDI projects worth close to $1.5 billion had
created 8,300 jobs in Poland.
That is more jobs created than in the whole of 2011.
UK
Germany
Russia
France
Spain
Poland
Ireland
896
551
319
281
252
227
186
Netherlands
185
Romania
Czech
Republic
Total
177
136
4639
Why Poland?
Strategic location – gateway to the EU
Economic and political stability
Availability of skilled human resources
Effective incentive system including EU-Funding
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]