Friday, December 7, 2007

Polish state agency sees foreign direct investment around 19 bln usd in 2007

Polish state agency sees foreign direct investment around 19 bln usd in 2007

- PULAWY, Poland (Thomson Financial) - Poland expects to receive 19 bln usd in foreign direct investement in 2007, including capital transferred from companies abroad to their Polish units, the deputy head of state foreign investment agency PAIIZ said today.

'This year investment will be around 19 bln usd,' Grazyna Sicko told reporters during a promotional visit for investors and journalists to the town of Pulawy.

Asked how high investment would be next year, she said: 'There will be no collapse.'

Foreign direct investment in Poland has soared in recent years after hitting decade lows in the aftermath of a financial crisis in Asia and neighbouring Russia in the late 1990s.

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