Invest-in-Poland-Now provides comprehensive data on Polish communes to private investors.

 

Investment decisions should not be taken lightly. In the globalized economy of the 21st century, concrete information about possible investment destinations is of great importance to evaluate future competitiveness. Business leaders consider a variety of factors when making location choices.

 

The aim of this ranking is to quantify factors that are relevant to the Polish and international business community when choosing their investment destination within Poland. Based on publicly available data as well as the information obtained directly from the 2478 communes in Poland, we evaluate both qualitative and quantitative characteristics that determine the potential suitability of a commune for future investment.

 

Please have a look at the section “Why Invest in Poland?” if you are an international investor and want to have information on what makes Poland an ideal destination for your future business!

 

WHY INVEST IN POLAND?

Over the last quarter century, the Polish economy has experienced unprecedented economic growth. Immediately after the democratization that has begun in 1989, the political leadership of Poland fully embraced the principles of market economy. Comprehensive reforms were set in motion. The goal of these reforms was the protection of private property and the creation of a business-friendly environment.

 

Today, the positive long-term consequences of this decision are visible everywhere. Major cities of Poland are now centers of commerce, finance, and tourism. The regions around these cities have also experienced economic growth and rising living standards. In just 25 years, Poland has transformed from a relatively poor post-Eastern Bloc state to a flourishing market economy. And the success will not stop here!

 

As an integral part of European Union, the Polish economy profits from free trade across the European borders. Poland is becoming increasingly successful at attracting talents from all over the continent. Especially Warsaw, Poland’s capital, has become a multicultural center with residents from all over the world.

 

The Polish success story will continue. Will you be a part of it? Invest in Poland now!

Educated Labor Force

With more than 400 universities and institutions of higher education, Poland is an educational powerhouse. At present, there are over 1.3 million students enrolled in tertiary education institutions.  According to the OECD, the tertiary education attainment level in the 25-34 age group stands at 43.5%, which is above the OECD average. With Poland being a younger society than most of other European Union countries, this provides for an excellent pool of labor force that your company may readily capitalize on. The success of the education system is not limited to higher education. For instance, as evidenced by the Programme for International Student Assessment (PISA), Polish pupils perform better than their OECD peers in science, mathematics and reading.

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Strong Economic Performance

Poland enjoys continuous economic growth for over 25 years now, and it has been the only economy in Europe to have avoided recession during the global financial crisis. Over the period 1990-2016, it has been the fastest growing economy in Europe and one of the fastest in the world (United Nations Statistics Division, 2018). The European Commission forecasts that in 2018 the Polish economy will have grown by 4.6%, the 3rd fastest result in the EU.  At the same time, Poland enjoys macroeconomic stability, with inflation rate of 2.5% (IMF, 2018), right on the National Bank of Poland target. The public debt is estimated by the IMF to be at 50.8%, well below the EU-mandated threshold of 60%.

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Business-Friendly Environment

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The World Bank ranks Poland as the 27th best country in the world in its Doing Business ranking, which assesses business regulations in areas such as starting a business, dealing with construction permits, or paying taxes.  Being part of the European Union, Poland enjoys regulatory stability and uniformity with other EU members. Although not a member of the Eurozone, it is part of the common market, which ensures free trade across borders with other EU members, making it an excellent strategic location for production facilities not only targeting the sizable domestic market, but the also the EU market as a whole. It is for those and other reasons that in 2017 Poland has been the 3rd largest Foreign Direct Investment destination in Europe, according to a report by fDi Intelligence.  It is also worth noting that Poland was ranked 26 out of 125 countries assessed in the 2018 Venture Capital & Private Equity Country Attractiveness Index  and 29 out of 176 countries in the 2016 Corruption Perceptions Index by Transparency International.

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Low-Cost Destination

Despite the development that the Polish economy has seen in the recent years, Poland is still a relatively inexpensive investment destination. The prices of land for residential and commercial investment are far below of those in Western Europe. Prices of residential property are also among the lowest in Europe. For instance, according to a report by Deloitte, in 2016 the average transaction price for a new dwelling was at 1,212 EUR/m2 in Poland, compared to 2,957 EUR/ m2 in Germany or 4,055 EUR/ m2 in France.   Despite a level of unemployment far below the EU average,  Poland’s educated labor force is also particularly affordable. The gross average monthly salary stands close to 4,900 PLN (approximately 1,140 EUR).

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Transportation Infrastructure

In recent years, Poland has managed to significantly upgrade the quality of its transportation network, making it easier and cheaper to move goods across the country and beyond. The length of the motorway and expressway network has reached over 3500 kilometers, making it the 6th most extensive in Europe. More than 1000 additional kilometers are currently under construction, with hundreds more in planning. The railway network is also experiencing massive upgrades, with the goal of raising the average commercial speed and increasing connectivity with the sea ports. Emphasis is placed on developing the intermodal transportation network, with a visible increase in the number of intermodal terminals and carriers offering intermodal services. This has allowed for intermodal freight transport to account for 6% of the overall transportation market by mass of goods carried in Poland, and for businesses to organize their logistical processes more efficiently. Investment has also taken place in Polish ports, making them better suited to handle increased volumes of goods in both import and export directions. This has allowed the Port of Gdańsk to become one of the 20 largest container ports in Europe,  together with its deep-water accessibility and the ability to receive the largest container ships in the world.

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Geographic Location

With its location in the heart of Europe, at the intersection of north-south and east-west transportation corridors, the geographic location of Poland ensures great accessibility to the neighboring markets. Poland is located between the two largest European countries by population, Germany and Russia, and through its ports on the Baltic sea, it is further connected with the world at large. At the same time, being one of the eastern-most EU states and on the route of the proposed New Silk Road, Poland’s location makes it relatively more proximate to the booming economies of Asia.

 

WHY THESE DATA ARE RELEVANT TO INVESTORS

The data collected as part of this ranking covers a wide range of topics that are of relevance to investors. In this globalized and inter-connected world, companies as well as investors are increasingly mobile and search for the best investment destination. However, local heterogeneity and differences between communes mean that even within Poland certain communes may be a more suitable place to invest.

 

This is where Invest-In-Poland-Now comes. Using publicly-available data as well as the information obtained directly from the 2478 communes in Poland, we collect and quantify information on factors that determine location’s investment attractiveness to a wide range of investors. Factors such as availability of land for construction of factories and warehouses is a major factor driving investment location choice, and local prices of access to water and electricity determine long-term cost effectiveness of investment projects. Our aim is to make such and other information better accessible to investors, both large and small.

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Country

16

Voivodships

380

Powiats

2478

Gminas
 

RANKING

Once we have collected all the data from the local public administrations of Poland, we will make it publicly available on this website. Our data collection efforts are ongoing. Please visit this site again soon to get access to the final dataset.

 

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