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February 23, 2012

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Many sound reasons to invest in Poland

POLAND'S development potential is based on the achievements of Polish companies and scientists. In recent years it is giving optimistic views for the future. Poland is one of the few countries that didn't suffer during the recent years of European slowdown, thanks to reasonable political decisions and investments in high intellectual capital.

In December 2011, Polish President Bronislaw Komorowski visited China. He attended the Investment Forum in Shanghai and promoted Poland as one of the fastest growing country in European Union. According to the United Nations Conference on Trade and Development (UNCTAD) World Investment Report 2011, Poland ranked the 6th best country for investment surpassing countries such as the US and Germany .

In his speech, given at the forum, President Komorowski mentioned seven important reasons which should attract Chinese investors to focus on allocations in Poland. Those advantages are size of the domestic market, respectable international position as the prime destination for FDI in Europe, bright prospects for the long lasting economic growth, active and dedicated local administrations eager to cooperate with Chinese provinces (for example Gdansk and Shanghai), a stable and transparent financial sector as well as very attractive offer for those who intend to buy Polish treasury bonds. The last reason is the personal values and business oriented approach of the Polish people, which makes them so similar to the Chinese people from Shanghai. That is the corner stone of the successful development of China and Poland. President Komorowski also stressed that Chinese declarations to increase direct investments in Poland and trade exchange between both countries are very important for the mutual cooperation.

Today Poland has Europe's youngest population - almost half of the citizens are less then 35 years old and nearly 5 percent of all Poles are university students. Numerous local and foreign corporations are attempting to hire highly skilled Polish employees. According to Frost&Sulivan's Country Industry Forecast, Poland is becoming a prime location for research and development investments. Multinational companies such as ABB, Delphi, GlaxoSmithKline, Google, Hewlett–Packard, IBM, Intel, LG Electronics, Microsoft, Motorola, Siemens and Samsung have set up research and development centers in Poland.

Polish universities are permanently updating their offer of studies fields, every year new specializations are presented to the students. For example, one of the best Polish universities - Cracow's AGH-University of Science and Technology is offering studies in fields like biomedical engineering and medical physics.

Investments in disciplines like power engineering, biocybernetics, biomedical engineering have been growing rapidly recently. Not only Polish future depends on it but also the future of the whole modern world.

The Nalecz Institute of Biocybernetics and Biomedical Engineering of Polish Academy of Sciences is one of the few places that successfully does a research on the fields mentioned above. The Institute's research corresponds with the world's recent scientific discoveries. Biocybernetic and biomedical engineering are interdisciplinary fields. They are related to biology, physics, computer engineering, medicine, etc. Interdisciplinary fields are getting more popular in recent years, they are also being regarded as a comeback to the roots of science. Like in the times of Nicolaus Copernicus, to succeed, a scientist can't just be a biologist, physician or a doctor. Today such disciplines like biocybernetics are proof that the science is getting more and more interdisciplinary again.

Increasingly more Chinese companies are finding Poland an excellent location for investment and recent discovery in scientific fields make Poland even more attractive. Discoveries related to medicine are not only important for Polish people but also can help with diagnosing and treatment of patients all over the world.

President Komorowski declared his full support for any attempts of Polish entrepreneurs doing business in China. It's hard or even almost impossible to predict where the Poland will be in 20 years from now but strengthening economic relations and cooperation between Poland and China, growing numbers of Polish research centers and discoveries made by Polish scientists let us hope for the bright future.




 

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