The event was organised by Poland’s state-run Polish Investment and Trade Agency (PAIH), officials told reporters.
Speakers at the forum included Poland’s Deputy Development and Technology Minister Grzegorz Piechowiak, PAIH CEO Krzysztof Drynda and the CEO of the Korea Trade-Investment Promotion Agency (KOTRA) YU Jeoung Yeol.
With some 150 business executives from Poland and South Korea in attendance, the aim of the forum was to showcase Poland’s investment potential in energy transition, energy infrastructure and electromobility, among other fields.
Another topic was bilateral cooperation in public-private partnerships (PPP), officials said.
South Korean investment in Poland
PAIH noted that South Korea is the biggest non-European foreign investor in Poland after the United States. By the end of 2020, Korean projects in Poland were worth EUR 3.1 billion, the agency said.
Meanwhile, the number of Poland-based companies with South Korean capital totalled 548 at the end of March 2022, PAIH added.
Most South Korean investors who use PAIH's services invest in Poland's consumer-electronics and automotive sectors, according to officials.
“Korean entrepreneurs have been investing in greenfield projects for years, implementing modern technologies and their own know-how in Poland,” the deputy development and technology minister said. “Thanks to this, they have become a key investor for many Polish industries and a reliable partner in the development of innovation.”
Piechowiak stressed: “Meetings such as the Business Forum in Seoul are a sign of the intensification of Polish-Korean cooperation and that is why I participate in them with such great satisfaction,” as quoted by PAIH.
Source: paih.gov.pl, zywiecinfo.pl