A summing up of PAIH’s year

In 2024, the Polish Investment and Trade Agency (PAIH) supported 53 investment projects with a total declared value of approximately EUR 2.4 billion, which will contribute to the creation of 7 thousand new jobs. Most of the projects implemented by PAIH are investments from the modern services sector.

Among the countries of origin of foreign projects, investors from Sweden, the United States and the United Kingdom prevailed. However In terms of the number of completed projects, Polish companies were in the lead, who increasingly are reaching for PAIH’s support.

“The projects that have been implemented with the help of our Agency will contribute to the development of the Polish economy. This year, we are particularly pleased with the large number of investments made by Polish companies. Last year, one of our priorities was to support Polish companies. Until now, companies with Polish capital were left to their own devices. We have changed this and we are already seeing the first results. We intend to continue this strategy in the coming years – emphasized Andrzej Dycha, PAIH’s Chairman.“

Growth in modern services and high-tech manufacturing

More than half of the finalised projects are in the modern services sector, with a total value of EUR 16.73 million, which created 4100 jobs. Such projects are characterized by the creation of jobs primarily for people with higher education, more and more often highly specialized engineers.

In turn, 25 production projects, worth EUR 2.38 billion, generated employment at a level of 2900 people for creative and innovative specialists in the field of, among others, materials engineering, chemical engineering, electronics, industrial automation. These are projects with a high degree of automation and robotization.

“We focus primarily on high-quality investments, mainly in technologically advanced sectors, i.e. those that will not only bring new jobs, but will also be an added value for our economy. Each new investment should translate into an increase in innovation and an improvement of competences here, in our country, by Polish contractors cooperating with investors. I am convinced that we have great potential in attracting this type of business to Poland, we have many, well-prepared innovative specialists, good investment areas – over a thousand plots registered in PAIH’s database, as well as an attractive system of investment incentives – stated Paweł Pudłowski, PAIH’s Deputy Chairman responsible for investment support.”

Shifting investment trends

The Voivodeships recording the greatest interest from investors are traditionally Mazowieckie, Śląskie and Dolnośląskie. A particularly positive phenomenon is the growing importance of the Opolskie Voivodeship, which indicates that investors’ attention is shifting to areas that have so far been less popular, but with high development potential, which is extremely important for the Agency, as it means the possibility of an even distribution of projects.

IT investments dominated among service projects, with large cities such as Warsaw, Katowice, Wrocław and Gdańsk being chosen as desired locations.. In the manufacturing sector, projects in the fields of electronics, electromobility, renewable energies and the food sector stand out.

Major foreign investments in Poland’s industrial and tech sectors

Particular attention should be paid to the investment of the Chinese-Korean concern Ningbo Ronbay New Energy Technology Co., which will invest over EUR 1 billion in a plant in Konin producing cathode materials for lithium batteries, creating between 600 to 800 jobs.

Also worth noting is the investment of the Taiwanese company Compal Electronics, which has started the construction of a vehicle electronics plant in Czeladź (Silesian Voivodeship). The value of the investment is about EUR 54 million, and about 50 people will be employed there. This is the second Taiwanese production investment in Poland in the last two years.

Posco, a Korean manufacturer of stainless steel components and elements used in EVs and electronics, has decided to implement an investment in Brzeg (Opole Voivodeship). The project involves the construction of a new production plant where stators and rotors will be created for the automotive industry. The total value of the project is approximately EUR 360 million in three phases, the first of which is worth EUR 180 million with approximately 200 people being employed.

MEP Solutions’ new plant in Gdańsk will produce structural and infrastructure modules that are used, among others, in the construction of semiconductor factories, data centres and nuclear power plants. The value of the investment is approx. EUR 20 million, with a planned 60 employees. A research and development centre will also be established there.

In the face of international economic turmoil, PAIH focuses on supporting strategic investments that will increase the innovation and resilience of the Polish economy. New prospects with a clear focus on sectors such as data centres and semiconductors are becoming a priority for the coming years.

PAIH continues to work closely with the Ministry of Development and Technology to strengthen strategic investments, which will allow for further development of the Polish economy.

Sources: Polish Investment and Trade Agency