Pomeranian Special Economic Zone Ltd

People’s Republic of China, Xiamen, September 8, 2006

Europe – Poland – Pomeranian Region

Pomeranian Region

• 18,298 sq. km in area (6% of the entire area of Poland)• 2,200,000 population (6% of the population of entire country)• Highly developed industry • An international airport• Two commercial seaports• A network of national and international roads• A network of railway connections• 8 state universities • 16 public and private institutions of higher education• Strong cultural centre• Nice place to live in

Pomeranian Region

Branches of industry:

• Shipbuilding• Oil refining• Food processing• Machinery construction• Furniture production• Transportation• Seaport services

Chinese companies situated in Pomeranian Region

• CHIPOLBROK– Chinese-Polish Joint Stock Shipping Company was founded as a first ever Sino-foreign joint-venture deed of association after proclamation of the People’s Republic of China. Its head office is located at Shanghai and European base at Gdynia.

• Zhong Hua Hotel - one the most recognizable Sopot buildings. The exotic interior of rooms and apartments are arranged in accordance with ancient feng shui knowledge

• Hutchison International Port Holdings Limited - owner of Gdynia Container Terminal, which is currently being developed into a modern container terminal with a quay length of 550 metres and a depth alongside of 10.5 metres.

Chinese community in Pomeranian Region

• Consulate General of the People's Republic of China

• Polish-Chinese Friendship Society

• Restaurants

• Hotels

Pomeranian Special Economic Zone

• Area of 399,39 ha in Pomeranian Region

• Ca. 100 ha still available• Until 30th November 2017

Pomeranian Special Economic Zone

Pomeranian Special Economic Zone (PSEZ) offers green fields on which enterpreneurs may conduct business activities without being subject to the full payment of income taxes.

PSEZ – Incentives (1/2)

• Requires a permit, which entitles investors to use public aid by income tax exemptions according to:

- investment costs specified in a permit

and/or - level of employment specified in a permit

• Minimum value of investment costs is EUR 100,000

PSEZ – Incentives (2/2)

The entrepreneur who meets the conditions specified

in the licence may obtain regional assistance in the form of tax exemptions due to:

• costs of a new investment covering 50% of these costs (65 % for a small- or medium-size enterprise)

• creating new jobs, covering 50% of two-year costs of permit done by newly employed workers

(65 % for a small- or medium-size enterprise)

Gdansk Science and Technology Park

• A joint endeavor by the Pomeranian Special Economic Zone, Pomeranian Region, the city of Gdansk and Gdansk University of Technology.

• A venue where science, innovative economy and widely understood entrepreneurship intermingle.

• Transfer of innovative technologies and development of enterpreneurship on their implementation

• Technological companies incubator • Technology Transfer Center• Center of Advanced Technologies• Conference and Training Center

• Assistance in finding investors and business partners

Advantages of Pomeranian Special Economic Zone (1/2)

• we administer eleven industrial areas in Pomeranian Region and one in Kujavian-Pomeranian Region

• we attract new investors by offering a beneficial system of tax allowances in accordance with the provisions of the amended Act on Special Economic Zones, which complies with EU legislation

• we guarantee swift, professional and friendly service for investors, we provide consulting at any stage of negotiations and after the commencement of an investment

Advantages of Pomeranian Special Economic Zone (2/2)

• we issue administrative decisions concerning construction laws and decisions with regards to settling construction terms and development of the areas located in the Zone

• we promote cooperation with companies active in the Zone

• we cooperate with the regional economic, scientific and cultural environment

• we assure that there is well-trained and young staff in the region and low costs of labour

Main International Investors in PSEZ

• Germany: Johann A. Krause (ThyssenKrupp Technologies Group) Cartondruck Polska• Japan: Suruga Seiki Sharp Corporation Bridgestone Corporation• USA: Flextronics International Poland Jabil Circuit Poland Molex Premise Networks International Paper

Up-to-date results of PSEZ 30 June, 2006

• Investment Outlay:

493,07 mln USD

• Employment Rate:

10.452

PSEZ - Contact

Pomeranian Special Economic Zone Ltd9, Wladyslawa IV Street,

81-703 Sopot, Poland

phone:(+48 58) 555 97 00

fax:(+48 58) 555 97 11

e-mail:marketing@strefa.gda.pl www.strefa.gda.pl