Good conditions to invest in Polish Special Economic Zones until 2016

Investors involved in Polish Special Economic Zones are holding their breath in anticipation of the government’s decision on how they will continue to function, Polish media reported July 26.

“The Council of Ministers obliged the Ministry of Economy to urgently present its stand on what changes should be applied to investors in SEZs,” Economy Minister Deputy Ilona Antoniszyn-Klik told Polish economic daily Puls Biznesu. “ The stand must take into account the maximization of investments until 2016, and its minimization after 2016. […] The way I interpret it is that we are to make investors’ lives as easy as we can now, and then start implementing changes after 2016.”

For the time being, the SEZs are thriving. Twelve out of the total 14 Polish SEZs are awaiting final decisions by the government regarding their expansion. Estimates say that should all investors’ declarations bear fruit, the SEZs will bring some 30,400 new jobs and PLN 12.1 bln worth of new investments to Poland.