Poland

Two SEZs are getting bigger


Published

The Polish Information and Foreign Investment Agency has announced in its latest newsletter the expansion of two Special Economic Zones (SEZs).

The announcement as published in the PAIZ newsletter is as follows:

“Two SEZs are getting bigger

On 18 March, Polish government issued a regulation extending the boundaries of two Special Economic Zones: the Pomeranian SEZ and Kostrzyńsko – Słubicka SEZ. Due to that Pomeranian Special Economic Zone will cover 1,452 hectares, while Kostrzyńsko – Słubicka will increase to 1,715 hectares.

Changes of boundaries in Pomeranian SEZ should lead to the creation of over 270 new jobs in the area and to maintaining the existing 1386.

In the increased by 151 hectares Kostrzyńsko-Słubicka SEZ, it is expected that the number of new jobs will grow even by 4400 during next years. Moreover, the value of all new investments in KSSEZ area should reach about PLN 1292.50m. Private plots in Krosno Odrzańskie and Wągrowiec will also enter to the zone to support two, incoming investment projects. The first one is Homanit Krosno that is a fiberboard’s manufacturer. The company plans to invest PLN 211,60m and create at least 20 new jobs. Under the second new investment, worth PLN 93.10m, Polinova Poland an upholstered furniture plant in KSSEZ will be introduced. (ME/CPM)”

More detailed briefing on the politics and risk of doing business in this country is available to clients and subscribers. If you would like to know more then please contact enquiries@tradebridgeconsultants.com