PAIIZ to double the number of projects

APA - Austria Presse Agentur
21-02-2005, 13:12

Warsaw (Puls Biznesu) – PAIIZ, Poland’s investment agency, is going to sign agreements with foreign investors worth PLN 6 billion (EUR 1.5 billion) this year. Last year, 24 projects worth PLN 3 billion were realised via PAIIZ.

Warsaw (Puls Biznesu) – PAIIZ, Poland’s investment agency, is going to sign agreements with foreign investors worth PLN 6 billion (EUR 1.5 billion) this year. Last year, 24 projects worth PLN 3 billion were realised via PAIIZ.

‘This was 50 percent more than in 2003’, Marcin Kaszuba, PAIIZ deputy CEO said. He added that this year, the agency notes investment boom and some investors have to wait to be serviced by the agency. ‘We will help realise government plan of USD 10 billion (EUR 7.6 m) of annual investment and 15,000 jobs’, Marcin Kaszuba said. Works over 87 projects are being conducted now.

PAIIZ has a low budget this year amounting to PLN 10 m. The company plans promotion campaign in CNN, Finacial Times or Forbes. Marcin Kaszuba hopes to gather at least PLN 3.5 m of PLN 5.5 m necessary for the campaign.

(USD 1 = EUR 0.766)

(PLN 1 = EUR 0.251)Poland/Economy/Investment

 

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Podpis: APA - Austria Presse Agentur

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