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Poland, Cracow highly attractive for investors

Poland is the world’s sixth most attractive country for investors, while Cracow is the most attractive city internationally for locating business service centers, according to a new report by the United Nations Conference on Trade and Development (UNCTAD).

The report rated Cracow highly for its business environment, the availability of qualified workers and the low risks involved in doing business there.

Poland climbed to sixth place overall in the UNCTAD report from 11th place last year. Ahead of Poland in terms of attractiveness to investors are China, the United States, India, Brazil and Russia.

Despite the fall in FDI inflow to Poland in 2010 (from USD 13.7 billion US dollars to 9.7 billion US dollars) in 2011 FDI recovery and upward tendencies in the inflow can now clearly be seen - FDI inflow after the first 5 months of the year totaled 4.2 billion euros i.e. 86% of the inflow recorded in the first 5 months of 2010 what accounts for 62% of the whole 2010 FDI inflow to the country.

In the European context the upward trend has already found confirmation in this year’s annual survey of Investment Attractiveness of Europe launched by E&Y in June 2011.

The report says that last year Poland recorded the highest increase in the number of FDI projects across Europe - 40% more than in 2009.

source: warsawvoice.pl

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