trade and investment promotion section, polish embassy target poland euro 2012 and other...
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Trade and Investment Promotion Section, Polish Embassy
Target PolandEURO 2012 and other opportunities
Beata JanotaCork, 13 November 2009
Trade and Investment Promotion Section, Polish Embassy
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
Trade and Investment Promotion Section, Polish Embassy
Embassy
Consular SectionPolitical and Economic Section
Trade and InvestmentPromotion Section
Ministry of Foreign Affairs Ministry of Economy
Trade and Investment Promotion Section, Polish Embassy
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
Trade and Investment Promotion Section, Polish Embassy
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)
Trade and Investment Promotion Section, Polish Embassy
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
Trade and Investment Promotion Section, Polish Embassy
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
Trade and Investment Promotion Section, Polish Embassy
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
Trade and Investment Promotion Section, Polish Embassy
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
Trade and Investment Promotion Section, Polish Embassy
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
Trade and Investment Promotion Section, Polish Embassy
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
Trade and Investment Promotion Section, Polish Embassy
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
Trade and Investment Promotion Section, Polish Embassy
Trade and Investment Promotion Section, Polish Embassy
Polish host cities chosen by UEFA on 13 May 2009
Source: PL 2012 Sp. z o.o.
Trade and Investment Promotion Section, Polish Embassy
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
Source: PL 2012 Sp. z o.o.
Trade and Investment Promotion Section, Polish Embassy
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
Source: PL 2012 Sp. z o.o.
Trade and Investment Promotion Section, Polish Embassy
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%
Source: PL 2012 Sp. z o.o.
Trade and Investment Promotion Section, Polish Embassy
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
Source: PL 2012 Sp. z o.o.
Trade and Investment Promotion Section, Polish Embassy
Main Sectoral Opportunities:
• Construction services, equipment and related niche products• Environmental protection solutions• Agriculture Machniery• IT/Telecom infrastructure• BPO Services and related products
Trade and Investment Promotion Section, Polish Embassy
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
Trade and Investment Promotion Section, Polish Embassy
Regional Investor Assistance Centres
Trade and Investment Promotion Section, Polish Embassy
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
Trade and Investment Promotion Section, Polish Embassy
Thankyou