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English Section

PM touts Poland as 'safe harbour' for investors

07.12.2021 18:00
Polish Prime Minister Mateusz Morawiecki has said his country has weathered the coronavirus pandemic crisis "with flying colours" and is "a safe harbour in the heart of Europe" for investors big and small.
Polish Prime Minister Mateusz Morawiecki.
Polish Prime Minister Mateusz Morawiecki.Photo: PAP/Hanna Bardo

"When global markets resemble a stormy sea, investments need a safe and stable harbour," Mateusz Morawiecki said in an English-language opinion piece published by a Polish newspaper.

"Poland is that kind of place – on the map of Europe and the world," he added.

Morawiecki argued in his piece that Poland "has been famous for its economic stability since 1990" and that it offered an "attractive and reasonable tax system."

He noted that the country recently welcomed two "spectacular investments" in the IT sector.

"Both Microsoft and Google decided to locate their data centres in Warsaw," he said, adding that Poland "is not only a place for the largest investors," but offers "a variety of solutions for small and medium companies."

"There are many reasons to choose Poland," Morawiecki argued, listing the country's "convenient, central location" that "facilitates transport" and "logistics with relatively low operating costs."

He also mentioned "human capital," saying that "educated and ambitious employees make the Polish economy truly attractive for any kind of investment."

He encouraged investors to "seize this opportunity" as the economy picks up speed after the COVID-19 shock. 

"Choose Poland – a safe harbour in the heart of Europe," he concluded.

Google CEO Sundar Pichai in April thanked Morawiecki for partnering in the launch of a USD 2 billion  cloud computing hub in Warsaw.

The project by the US tech giant, the first of its kind in Central and Eastern Europe, is expected to make Poland's economy more digital, officials said at the time.

Software giant Microsoft last year announced it would invest USD 1 billion in digital technology in Poland.


Source: PAPbiznes.gazetaprawna.pl