trade and investment promotion section, polish embassy target poland euro 2012 and other...

Trade and Investment Promotion Section, Polish Embassy

Target PolandEURO 2012 and other opportunities

Beata JanotaCork, 13 November 2009


Summary:• Our mission• Key facts about Poland• Irish – Polish economic relationships• Why Poland• EU Funds in Poland• UEFA Euro 2012 • Main sectoral opportunities• Where to go for help• Conclusion


Embassy

Consular SectionPolitical and Economic Section

Trade and InvestmentPromotion Section

Ministry of Foreign Affairs Ministry of Economy


Our mission:

• support Polish companies in their expansion to foreign markets • help foreign companies to find suppliers of goods and services in Poland • assist foreign companies to set up in Poland


Key facts about Poland:

• Area: 312,685 square kilometers• Population: 38,19 million • Currency: Polish Zloty (EUR 1 = PLN 4.2 )• GDP 2008: 5.0 (Source: EC)• GDP 2009 (f): 1.2 (Source: EC) • Inflation 2008: 4.2 (Source: CSO Poland)• Unemployment: 10.9 (Sept. 2009, Source: CSO Poland)


Polish GDP growth rate

+ 1. 2 forecast in Poland vs. -4.1 in EU for 2009 (source EC)

2002 2003 2004 2005 2006 2007 20080

1

2

3

4

5

6

7

8

EU 27Euro ZonePoland


Irish Polish economic relationships

2003 2004 2005 2006 2007 2008 2009(f)

-500

-300

-100

100

300

500

700

900

1100

1300

1500

turnover mln Euro

imports mln Euro

exports mln Euro

balance

Source: WPHI Dublin


Irish investment in Poland:

• Irish companies invested in Poland around Euro 2.2 bn• 14th place on the list of the biggest investors in Poland• Poland is number one location for Irish investment in CEE countries • Over 60 companies invested in Poland (AIB, CRH, Kingspan, Kerry Foods,

JFC, Steripack, PM Group, SWS, S3, Smurfit Kaapa and many more)• Still many companies from Ireland are looking into business

opportunities in Poland


Why Poland:

• Investment PotentialEUR 12.2 bn of FDI to Poland in 2008Poland ranks 5th in Europe and 1st in the CEE region in terms of new foreign

investments in 2008, according to Ernst and Young survey• Strong Economy

Projected Growth of GDP in 2009: +1.2%• Strategic Location• Human Capital

50% of the nation below the age of 35 and 35% under the age of 25Almost 2 m. students in higher education institutionOver half of them speak English well

• Large and Growing Domestic Market 38 million consumers driving a 10% annual retail market growth

• EU fundsBetween 2007 and 2013 our country will jointly receive over 67 billion from the EU’s

budget• Investment incentives

Regional aid, horizontal aid, Aid for sensitive sector, CIT exemption in SEE,Realestate tax exemption


Distribution of EU funds in Poland:

Operational Programme Amount (mln EUR)

Regional Operational Programmes (16) 16 555,6

OP Infrastructure and Environment 27 913,7

OP Human Capital 9 707,2

OP Innovative Economy 8 254,9

OP Eastern Poland Development 2 273,8

OP European Territorial Cooperation 731,1

OP Technical Assistance 516,7

Source: Ministry of Regional Development


UEFA EURO 2012 the third largest international sport event in the world

Joint project with Ukraine

UEFA Euro 2012 championships acting as catalyst for the development of Polish infrustructure, transport, sport and

leisure centres


Financing structure of UEFA Euro 2012

• Central budgetTransport infrastructure, roads, railways± € 167 mln – stadia: Chorzów, Gdańsk, Kraków, Poznań, Wrocław100% – stadium in Warsaw

• Regional budget (local governments)airports

• Local government budget (cities)public transportstadia (70%)security

• Private budgethotelsTeam base campsTelecommunication and IT

13

UEFA EURO 2012™ – business project Complex project of preparations for UEFA EURO 2012™,

(over 390 investment projects)

CitiesMunicipal

infrastructure

Airports4* & 5* hotels

Stadia Total

Chorzów 11 1 0 1 13

Gdańsk 20 3 17 1 41

Kraków 8 7 0 2 17

Poznań 14 3 18 1 36

Warszawa 11 3 7 1 22

Wrocław 28 5 14 1 48

Total 92 22 56 7 177

No. of project owners 150

General Directorate for National Roads and Motorways 57PKP SA & PKP PLK SA 47Supporting airports 17Team Base Camps 93

Total 394



Polish host cities chosen by UEFA on 13 May 2009

Source: PL 2012 Sp. z o.o.


Breakdown of infrastructural projects:

24%

10%

14%25%

15%

12%

■ urban infrastructure

■ airports

■ 4* and 5* hotels

■ team base camps

■ motorways and express ways

■ railway stations and railroads



Poland the biggest construction site in Europe:

2008

2009

2010

2011

2012

0

50

100

150

200

250

300

350

400

0

50

100

150

200

250

300

350

400

2008 2009 2010 2011 2012

Fazy realizacji

Przygotowanie&Projektowanie BudowaPreparation&Planning

0

50

100

150

200

250

300

350

400

2008 2009 2010 2011 2012

Fazy realizacji

Przygotowanie&Projektowanie BudowaConstruction



Bidding possibilities, October 2009

completed projects

closed tenders

tenders in process

planned tenders

0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50%

9%

30%

15%

46%



Cost of infrastructure projects

29%

28%

28%

3%

12%

■ EU funding■ State budget■ Local authority funding■ Private funding■ Others

TOTAL COST

October 2009planned: € 25 billion

spend: € 2 billion



Main Sectoral Opportunities:

• Construction services, equipment and related niche products• Environmental protection solutions• Agriculture Machniery• IT/Telecom infrastructure• BPO Services and related products


Where to go for help:

• Trade and Investment Promotion Section office in Dublinwww.dublin.trade.gov.pl

• Ireland Poland Business Associationwww.irelandpoland.com

• Polish Information and Foreign Investment Agencywww.paiz.gov.pl

• Enterprise Ireland office in Warsawwww.enterprise-ireland.com

http://www.dublin.trade.gov.pl/

http://www.irelandpoland.com/

http://www.paiz.gov.pl/

http://www.enterprise-ireland.com/


Regional Investor Assistance Centres


Conclusion:

• Poland is a very open to international companies• Largest market of all the recent accession countries• Good location• Country with strong sustainable growth• Still cheaper than Western countries• Young and well educated workforce• Good knowledge of foreign languages• Beneficiary of the biggest amount of EU funds• Growing economy driving development of infrustructre, IT network,

commercial office, hotels etc. • UEFA Euro 2012 championships


Thankyou

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