The Warsaw Voice » Business » News - March 7, 2018
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A full investment recovery in Poland may take time
Poland's investments should boom in 2018, rising by some 10% both in public and private sector, the Polish top state controlled bank PKO BP chief economist Piotr Bujak says. Companies may still face labor force shortages and regulatory uncertainty but positive factors should prevail. Bujak points in particular to the high level and continued growth of domestic demand, broad access to financing and higher absorption of the EU funds. Still, the road to a full investment recovery remains long, as indicated by 2017 data, Pracodawcy RP chief economist Lukasz Kozlowski comments. In 2017, Poland's investments rate fell for the second year in a row, to 18% of GDP, the lowest level in over 20 years, according to latest Eurostat data, even despite the Q4 rebound.