US chipmaker Intel to build USD 4.6 bn plant in Poland

American chipmaker Intel will invest USD 4.6 billion to build a cutting-edge semiconductor assembly and test facility near the southwestern Polish city of Wrocław, in what will be the biggest foreign investment in Polish history, the country’s prime minister has said.

Polish Prime Minister Mateusz Morawiecki (right) and Intel CEO Pat Gelsinger (left) announce plans for the company's new USD 4.6 billion chip plant in southwestern Poland on Friday, June 16, 2023.

PAP/Sebastian Borowski

Mateusz Morawiecki announced the project at a news conference in Wrocław on Friday, Polish state news agency PAP reported.

Premier @MorawieckiM podczas konferencji dot. inwestycji firmy Intel we #Wrocław: To wielki moment nie tylko dla 🇵🇱, ale także element strategii jednej z największych i najważniejszych technologicznie firm świata - strategii, która ma na celu budowę nowych mocy produkcyjnych. pic.twitter.com/VwmQzNKmY9

— Kancelaria Premiera (@PremierRP) June 16, 2023

‘Big day for Poland’

The prime minister said it was “a big day for Poland” and described Intel’s planned USD 4.6 billion chip plant as an “absolutely special investment" that would create 2,000 new jobs.

He added: “It is part of the global tech giant’s strategy to build semiconductor capacity.”

PM @MorawieckiM at the conference in #Wrocław: Intel's investment in 🇵🇱 is absolutely special. It means the most advanced techniques and technologies that will attract further investors. This would not have been possible without very close cooperation with you @PGelsinger. pic.twitter.com/uBnWS5NO0z

— Chancellery of the Prime Minister of Poland (@PremierRP_en) June 16, 2023

‘Largest greenfield investment in Polish history’ 

Hailing Intel as “a Silicon Valley legend,” Morawiecki said: “This is the largest greenfield investment in Polish history. Intel’s vision for this plant is truly impressive.”

PM @MorawieckiM at the conference in #Wrocław: This is the biggest greenfield investment in 🇵🇱. The vision of the development of @intel new factory is truly impressive. (...) From now on, with this investment, Poland will be a key part of high-tech supply system. pic.twitter.com/BYwjdAMzWq

— Chancellery of the Prime Minister of Poland (@PremierRP_en) June 16, 2023

He added: “This project will also help cement transatlantic cooperation.”

Morawiecki told reporters: “I am very pleased that Poland will host one of the key links in the production of cutting-edge technology. It’s extremely important that Poland will be home to investments that ensure security, but also have an incredible impact on technological development.”

PM @MorawieckiM visited the site of Intel's future investment in Poland 🇵🇱.
It will create new technological opportunities for our country.
20 billion PLN will be invested to build a new factory here. pic.twitter.com/iuhq3do3NI

— Chancellery of the Prime Minister of Poland (@PremierRP_en) June 16, 2023

‘Poland will become a key part of high-tech supply chain’

He further stated: “With the launch of the new Intel plant, Poland will become a key part of the high-tech supply chain.”

Morawiecki also said that Intel’s new state-of-the-art plant in Poland would help strengthen already close ties between Poland and America in many areas and boost security cooperation between the two countries.

PM @MorawieckiM at the conference in #Wrocław: I would like to thank our 🇺🇸 American friends and say that to our close international cooperation today we are adding an enormous pillar of economic cooperation, which at the same time is cooperation in the area of security.

— Chancellery of the Prime Minister of Poland (@PremierRP_en) June 16, 2023

Thousands of new jobs

Intel’s new facility in Poland will employ 2,000 workers and create several thousand additional jobs during the construction phase and hiring by suppliers, the company said in a statement.

Premier @MorawieckiM we #Wrocław: Chcemy współpracować ze wszystkimi, ale cieszymy się z zacementowania współpracy transatlantyckiej. Europa, UE, USA i kraje takie jak Japonia czy Korea to niezwykle ważne, aby potrafiły razem współpracować i wytyczać standardy. pic.twitter.com/1rA6VrHb9R

— Kancelaria Premiera (@PremierRP) June 16, 2023

Intel plans to build a $4.6 billion semiconductor assembly and test facility in Poland, a move that will boost Europe’s efforts at becoming more self-sufficient in chip production https://t.co/QkQgl8n1HP

— WSJ Business News (@WSJbusiness) June 16, 2023

Based in Santa Clara, California, Intel Corporation is one of the world’s largest semiconductor makers, the PAP news agency reported.

Listed on the Nasdaq stock exchange, Intel designs and develops microprocessors for personal computers, as well as IT solutions and equipment for data centres, artificial intelligence and autonomous vehicles, among other products.

The company’s workforce in the European Union currently totals 10,000, the PAP news agency reported.

Intel Plans Assembly and Test Facility in Poland #BusinessWire https://t.co/ShVoIdpHth

— Stock Market News (@Stock_Market_Pr) June 16, 2023

(pm/gs)

Source: IAR, PAP, paih.gov.pl, Reuters, politico.eu, intel.com