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The Warsaw Voice » National Voice » January 27, 2011
Japan in Poland
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Japanese Experience, Polish Development
January 27, 2011   
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Along with the United States, Germany and France, Japan is among the top four foreign investors in Poland. Japanese hi-tech companies from sectors such as transportation, energy and environmental protection have been especially interested in the Polish market recently.

In early October last year, the Polish Information and Foreign Investment Agency (PAIiIZ) embarked on a business mission that involved the first Polish-Japanese forum on investment. Held in Tokyo, it was attended by over 100 people representing companies and business organizations in Japan. The forum was organized to inform the Japanese partners about new investment opportunities in Poland’s car, aviation, green technology, electronic and research-and-development sectors.

The Polish delegation included the president of the Polish Information and Foreign Investment Agency, an undersecretary of state at the Economy Ministry, the deputy head of the Industrial Development Agency (ARP), the president of the £ód¼ Special Economic Zone, the president of Academic Business Incubators (ABI), officials from the Investor Service Centers in Wroc³aw, Szczecin and Opole, and businessmen from private enterprises Takenaka and JP Weber.

The Polish market for investment offers plenty of opportunities to Japanese companies. An encouraging quality-to-labor cost ratio, access to EU funds for innovative projects and a stable exchange rate of the Polish currency make Poland an attractive destination for Japanese investment. Expansion to Poland is also part of a wider strategy that Tokyo has been pursuing to maximize its presence on EU markets. Leading Japanese companies are seeking to achieve this goal by sharing their expertise and high technology. Along with the car industry and consumer electronics, which are regarded as traditional fields of Japanese investment, Japanese corporations have been putting their money and technology in nuclear energy, clean and environmentally friendly technology and high-speed rail transportation systems. Japan has been setting global trends in all these areas for half a century.

In December last year, the Japan External Trade Organization (JETRO) and the Japanese embassy in Poland held a business seminar on high-speed rail technology, products, installations and systems. The seminar participants were shown technological developments that may result in Japan’s contribution to the construction of high-speed rail transportation in Poland, a sector that the Polish government sees as a strategic priority in the coming decade.

“By the end of 2020, almost all European capitals will be connected by a high-speed rail system,” said Deputy Infrastructure Minister Juliusz Engelhardt. “We aspire to become part of this system. When it comes to managing a large project like that, we need to ask foreign businesses for help, as we lack the necessary experience.”

According to JETRO experts, Japanese high-speed rai
l technology is unrivaled and could be used in Poland.
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