According to UNCTAD, the global inflow of Foreign Direct Investment (FDI) is improving. However, it has not reached the pre-crisis level. While the position of the EU is decreasing, the growing importance of developing countries is easily recognizable. In case of Poland, the results of UNCTAD report are based on Narodowy Bank Polski data, which not only assess new greenfield investments, but also estimates the value of capital in transit or mergers and acquisitions. Therefore, the value of FDI inflows to Poland in the past year – $ 6 billion – should not be a cause for concern.
“Poland is the sixth in Europe in terms of the value of greenfield investment projects in 2013″, said professor Zbigniew Zimny, the UN expert on FDI. “The country is still the most attractive location for FDI projects in the region and one of the most attractive in Europe” – he added, commenting on the UNCTAD report.
According to the UNCTAD survey that was conducted among the top managers of global companies, Poland will maintain the position of the world’s leading investmest destination in 2014 -2016 period. The country has improved its position from 14th (held two years in the row) to 13th in 2013. Poland – as the only state from the CEE region and one of five from the whole Europe – belongs to the world’s top 20 investment locations.
Also Polish Infomation and Foreign Investment Agency data confirm the strong position of Poland. “The Agency has completed 20 FDI projects in the first half of 2014 worth €1,5 billion in total”, said Iwona Chojnowska-Haponik, director of the Foreign Investment Department in Polish Infomation and Foreign Investment Agency during the conference.
Moreover, many of new projects are reinvestments. „70% of reinvestments are a strong reason to believe that foreign investors trust Poland and the Poles”, argued Polish Infomation and Foreign Investment Agency deputy president Anna Polak – Kocińska. “Poland is the country where investors can achieve much more they have expected”, added Paweł Tynel, director in EY.
Source: Polish Infomation and Foreign Investment Agency
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