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The Warsaw Voice » Business » November 19, 2008
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FDI to Fall
November 19, 2008 By A.R.    
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The influx of foreign direct investment (FDI) to Poland could reach 10-12 billion euros this year, down from 13.7 billion euros last year, according to the Polish Information and Foreign Investment Agency (PAIiIZ).

In the coming years the breakdown of FDI in Poland will align itself with that in other countries in Europe, the agency says. At the moment, production projects are the largest item as far as FDI in Poland is concerned, while the service sector accounts for only about 20 percent of the pie, compared with 60 percent elsewhere in Europe, PAIiIZ says.

The agency also expects a decrease in FDI projects in export-oriented sectors such as car making and consumer electronics, accompanied by a bigger role for business process outsourcing (BPO), shared service centers, and R&D. This is due to structural changes in the Polish economy, the agency says. The ongoing financial crisis is expected to reduce demand for products that are in large part financed by consumer credit.

According to Deutsche Bank and the Economist Intelligence Unit, Poland's FDI this year may be lower than last year, but should rise in the future. Deutsche Bank says Poland will draw around $19 billion in FDI this year, followed by $21.5 billion next year. The EIU cites $12 billion for this year and $12.6 billion for 2009.
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