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The Warsaw Voice » Business » January 9, 2008
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Silesia Best for Investment
January 9, 2008   
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For the second year running, the southern region of Silesia has ranked first as the most attractive Polish province for investment, according to the latest Investment Attractiveness of Polish Provinces report by the Gdańsk Institute for Market Economics (IBnGR).

The institute launched the report just before Christmas in association with the Polish Information and Foreign Investment Agency (PAIiIZ) and the Ministry of Regional Development.

The report ranks regions according to their investment attractiveness to industrial, service and technologically advanced businesses. Provinces and regions were assessed for their economic and social infrastructure development, labor availability and efforts to seek investors. PAIiIZ President Paweł Wojciechowski said, "Benchmarking regions is very important because it helps highlight reforms that are necessary and encourage healthy competition between regions."

Silesia scored the best in overall attractiveness. It was given high ratings for resources and labor costs, market potential, economic and social infrastructure, the condition of roads and the province's efforts in seeking investment. Public safety was considered Silesia's only weak point.

Lower Silesia and Mazovia came in second and third respectively. Lower Silesia was the most successful region in seeking investors, and has a well-developed economic and social infrastructure. Its transport infrastructure, availability of workers and labor costs received average ratings. Mazovia's strengths include its well-developed economic and social infrastructure, local market potential, and the local authorities' active involvement with investors. The province's transport access was rated as average.

Overall, ¦więtokrzyskie, Lublin and Podlasie provinces fell in terms of investment attractiveness compared to the previous year, the report says, while the ŁódĽ, West Pomerania, Opole and Lubuskie regions saw an improvement.

Jolanta Wolska
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