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4 September 2018

Korean investors shine in PAIH portfolio

South Korean corporations have reached a milestone in terms of investing in Poland. Altogether, its FDIs are the most valuable in the Polish Investment and Tarde Agency’s portfolio. "We consider it, among other factors, as the consequence of the LG Chem’s giant investment" - Krzysztof Senger, PAIH Deputy CEO, stresses.

The value of the South Korean investments currently supported by PAIH  totals nearly EUR 1.9 billion. Its approx. EUR 500 million more than the Chinese CAPEX, that it the second largest. Krzysztof Senger points out that the vast majority of the FDIs in the Agency's portfolio concerns electromobility sector. "If all of these investments are implemented, Poland will become the European leader in this industry, with a fully developed ecosystem of producers and sub-suppliers" - he says. Senger adds that almost two thirds of the FDIs in this sector comes from South Korean investors.

In addition, the FDIs from South Korea, China, Japan, Taiwan, Singapore, India and the UAE account for half the value (over EUR 3.7 billion) of all 177 investment projects supported by PAIH at the moment. “We already have more than a dozen trade offices in Asia. Eventually, we will launch about 20 in the region. Their task, in addition to supporting Polish companies, is attracting foreign investors. We hope for even greater interest of Asian companies in Poland, ” Senger concludes.

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Polish Investment and Trade Agency (PAIH) works to increase the inflow of investments to Poland and the outflow of Polish FDI. It also does it best to intensify the Polish exports. Supporting entrepreneurs, the Agency assists in overcoming administrative and legal procedures related to specific projects as well as helps to develop legal solutions, find a suitable location, reliable partners and suppliers.

The Agency implements pro-export projects such as the Polish Tech Bridges dedicated to expansion of innovative Small and Medium-Sized enterprises. It also promotes the leading Polish sectors regarding foreign expansion and offers support for Polish companies on the developing markets within Go China, Go Africa, Go Arctic, Go India, Go ASEAN and Go Iran programmes. PAIH is also responsible for the promotion of Poland at the incoming Universal Exposition EXPO Dubai 2020.

 


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Polish Investment and Trade Agency

ul. Bagatela 12

00-585 Warsaw

Fax: +48 22 334 9889

e-mail for investors: invest@paih.gov.pl
e-mail for exporters: eksport@paih.gov.pl

Taxpayer's Identification Number (NIP) PL 526-030-01-67

webmaster@paih.gov.pl

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