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Home > Polish Property and Real Estate Articles > Good market for investment
Good market for investmentArticle added on: 2010-09-11 |
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Poland is seen as a hotbed for investment, according to a new report published by the United Nations Conference on Trade and Development (UNCTAD), which placed the country 12th in the best investment location ranking - one spot higher than the previous year. “The data confirms what other rankings have shown since the middle of the economic crisis - that the crisis has resulted in Poland looking more attractive,” said Slawomir Majman, President of the Board of Polish Information and Foreign Investment Agency (PAIiIZ) in an interview with Rzeczpospolita. Poland’s biggest competitors, including Czech Republic, Slovakia, Hungary and Romania, failed to make the top 20, in a report which was compiled through data collected via the surveys of 236 international corporations and 116 investment promotion agencies. According to experts, the most attractive field in Poland is the motor vehicle manufacturing industry. Ernst & Young released figures showing that in 2009, as many as 41 percent of all newly created jobs in the CEE region were created in the automotive sector. Furthermore, a report released by Frost & Sullivan entitled ‘Russian and CEE Automotive Industry Outlook’ found that passenger vehicle sales in the CEE region in 2009 reached 1.5 million passenger cars and light commercial vehicles, a figure which it believes could rise to 3.5 million by 2015. |
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