According to the preliminary data of the National Bank of Poland an inflow of foreign investment to Poland in the first quarter of 2010 reached 3.5b EUR which is about 40% of the FDI inflow in the whole 2009 and almost 2.5 times more than the investment in the first quarter of the last year.
In May 2010 Polish Information and Foreign Investment Agency (PAIiIZ) – responsible for the support of foreign investors in Poland – provided its services to 131 foreign companies. The largest number of enterprises have planned to invest in the automotive and BPO sectors (22 companies in each sector), electronics (12 companies), renewable energy (9 companies), as well as chemical, mechanical and aviation sectors (7 projects in each sector). Until May 2010 PAIiIZ successfully supported launching of 22 investment projects in Poland, whose overall value amounted to 316m EUR. Within the next few years these investments will generate around 4,021 new employment positions.
In 2009, the year of crisis, FDI in Poland fell only by 16%, whereas the global decrease of foreign investment amounted to 40%. At the same time according to UNCTAD, global capital flows in 2009 fell by nearly 40%, in the USA by 57%, in Japan by 53% and in the European Union by around 30%. Also Poland’s direct competitors recorded serious falls in FDI inflow - the Czech Republic - 63%, Hungary - 165%, and Romania - 54%.
In addition, in the AT Kearny ranking The Foreign Direct Investment Confidence Index Poland went up from 22nd to 6th position. The study which presents the degree of confidence of foreign investors involves managerial staff of companies that receive more than 2 trillion USD of annual income.
Polish economy and investment appeal have sufficiently strong fundaments to soothe turbulences of the times of crisis. European Union membership, absorptive internal market, educated people and investment incentive schemes – are the factors which add to Poland’s investment attractiveness. In 2009 Poland was the only European Union country that recorded economic growth - of 1.7%.