Government takes measures to attract investors

APA - Austria Presse Agentur
22-06-2005, 14:09

Warsaw (Puls Biznesu) – Next Tuesday, the government will prepare ordinance aiming at subsidising investors. “The Ministry of Economy will prepare changes the system of financial subsidies for projects, including higher payments for investors. Today, it is EUR 1,000 for one job”, Jacek Piechota, the Minister of Economy said. He refused to say, how much the subsidy will rise.

Warsaw (Puls Biznesu) – Next Tuesday, the government will prepare ordinance aiming at subsidising investors. “The Ministry of Economy will prepare changes the system of financial subsidies for projects, including higher payments for investors. Today, it is EUR 1,000 for one job”, Jacek Piechota, the Minister of Economy said. He refused to say, how much the subsidy will rise. The state help will be offered to all investors creating at least 250 new jobs.

New rules will make it easier to accept the state help. “Time is vital for investors. Unfortunately, today it lasts too long to accept the project. Each must be notified by the European Commission”, Jacek Piechota explained. He added, that PAIIZ, Poland’s investment agency, was currently negotiating with 20 big investors. There are funds in the budget for the subsidies: PLN 200m (EUR 49.4m).

(PLN 1 = EUR 0.247)Poland/Economy/Investment

 

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Podpis: APA - Austria Presse Agentur

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