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Economic News
Good prospects for foreign investments in Poland in 2012
2011 – FDI inflow returns to growths
Foreign direct investment inflow to Poland increased by 46.7% y/y in 2011, amounting to USD 14.2 bln compared with USD 9.7 bln in the year prior, according to the newest analyses by UNCTAD quoted by the Polish Information and Foreign Investments Agency (PAIiIZ) in its January 26 statement. It is a result considerably higher than the global average: according to UNCTAD estimates, in 2011, global FDI increased by 17%. It is worth noticing at this point that the FDI inflow to Poland in 2011 was also higher than the one recorded in 2009 and came close to the result from 2008, so it appears that annual value of FDI inflow has returned to levels seen before the 2009-2010 crisis.
Percentage changes y/y in FDI inflow to Poland in the years 2006-2011
source: UNCTAD
Over the recent years Poland has stood out in terms of FDI against the backdrop of the Central and Eastern Europe. According to UNCTAD data, foreign direct investment inflow to Poland in the years 2005-2010 totaled some USD 91.7 bln (compared to Lithuania’s same-period FDI of some USD 7.6 bln, Latvia – some USD 6.4 bln, the Czech Republic – some USD 37.7 bln, Bulgaria – some USD 39.5 bln and Hungary – some USD 30.3 bln).
FDI in selected European countries in 2010 (USD bln)
source: UNCTAD
PAIiIZ expects further increase of FDI inflow to Poland in 2012
According to PAIiIZ chairman Sławomir Majman, who on January 12 spoke to PAP, the foreign direct investment inflow in 2012 may increase y/y by 5-8%. “I believe such an inflow of FDI this year is realistic, assuming that the global economy sees no dramatic events,” Majman said. “Prospects for investments are good and we are not expecting changes in the geographical and sector-wise structure of the investments inflowing to Poland,” deputy chairman of PAIiIZ Marek Łyżwa added.
As of January 17, 2012, PAIiIZ was conducting 151 investment projects of the pooled worth of EUR 5.7 bln, expected to create nearly 40,000 new jobs, the investment agency said in a news release sent to PAP.
“The highest number of projects involve investors from the US (43 projects jointly worth EUR 1382 mln, expected to create 8547 jobs), Great Britain (16 projects jointly worth EUR 373.8 mln, to create 5802 jobs), Germany (16 projects jointly worth EUR 524.6 mln, 4527 jobs) and China (10 projects jointly worth EUR 207,5 mln euro, 1271 jobs),” PAIiIZ statement read.
Countries leading in terms of foreign investment in Poland – value of investment projects in mln euro conducted by PAIiIZ as of January 17, 2012 – breakdown by investors’ country of origin
source: PAIiIZ data sent to PAP
Sector-wise, the most numerous group of foreign investment projects currently carried out by PAIiIZ is the group of automotive industry investments (29 projects jointly worth EUR 1911.5 mln), followed by business process outsourcing (BPO) investments (28 projects jointly worth EUR 27 mln), machinery sector investments (11 projects jointly worth EUR 654 mln) and research and development (R&D) sector investments (8 projects jointly worth EUR 11,1 mln), the agency enumerated.
Sectors leading in terms of foreign investment in Poland – value of investment projects conducted by PAIiIZ as of January 17, 2012 – breakdown by sectors
source: PAIiIZ data sent to PAP
Poland seen as second most promising market of CEE region
The optimistic words from PAIiIZ representatives seem to find their confirmation in Deloitte advisory’s January 23 report Fortresses and footholds: emerging market growth strategies, practices and outlook, based on a research conducted online among 628 managers of companies from 10 emerging markets, including Eastern Europe, at mid-2011. In terms of investment attractiveness Poland ranked second in Deloitte’s ranking for the region of Eastern Europe: as much as 45% of international companies that have foreign investments in emerging markets pointed to Poland as one of the countries offering the greatest revenue growth opportunities over next three years. Poland came across visibly better than Ukraine (pointed to by 28% of respondents) and the Czech Republic (25%), ranking only behind Russia (66%).
“Although executives were most optimistic about China, India, and Brazil, they also saw significant opportunities in a second set of markets that included Russia, Poland, Mexico, Argentina, and several countries in Southeast Asia. These countries may be the focus of the next wave of expansion in emerging markets,” Deloitte’s report reads.
Author : Investor Relations Department
Statystyka strony: 245 wizyt
