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Business, Investments properties in Poland

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Chinese companies invest in Poland
2011-11-18 09:40

 

In three years Chinese are going to spend in Poland nearly 300 million euro. This year, Polish agency of Information Foreign Investment (PAIFI) will finalize projects of 80 million euro. Acquiring investments is difficult because of weak promotion of Polish market. The agency negotiates the contract that assumes the growth to 200-300 million euro with Chinese governmental authorities. It would be a great jump. Projects finalized by PAIFI were worth almost 30 million euro. Those from 2009 only 10 million.

 


 Talks are still carried out with Chine Investment Corporation (CIC). In the end of last year it operated assets of 410 million dollars. CIC, owned by Chinese government invests in US economy, recently it strengthen Spanish bank system, and now it considers acquisition of Italian bonds. The agreement with CIC, that assumes capital support for polish investments, is going to be signed this year.
“We have a real explosion of interest of Poland among Chinese businessman – PAIFI president, Slawomir Majaman says – It is 61 economic mission in last 12 months. However it is the first under new CCPIT’s chief Wan Jifei.
There is significant development in attracting investors to Poland. In few weeks three contracts shall be signed, worth at least 80 million euro, including selling HSW for 250 million zlotys. Next deal will concern the center of distribution of SANY building machinery, near Lodz. SANY considers also building a factory in Poland. It can be worth more than HSW transaction with LiuGong. Currently PAIFIF negotiates 12 Chinese project worth 270 million euro, including such giants like Shanghai Electric, which wants to construct part for wind plants and plans building a plant in Ostroleka.
Also Special Economic Zones are establishing the cooperation with China. The president of Pomeranian SEZ will sign three-year contract with local authorities from Zhuhai from Guadong province.



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