MCCI organises high-level meet with Polish Ambassador

Kolkata: Adam Burakowski, Ambassador of the Republic of Poland in India said Poland's GDP grew by 4.2 percent in 2017 which was considerably higher than the EU average growth of 2.4 percent.

Other EU countries account for 75 percent of Poland's total exports. However, Poland has growing trade links with non European countries. Poland has been steadily improving its position in World Bank's Ease of Doing Business Rank and it has climbed from 74th position in 2012 to 24th position in 2017. With regard to the labour force, 43 percent of Poles attain a tertiary education degree and 90 percent of adults attain at least upper secondary education. The unemployment rate is low in Poland.

He was speaking on a theme "Doing Business with Poland" organised by the Merchant Chamber of Commerce and Industries on Tuesday afternoon. Mohan Goenka, Honorary Consul of Poland in Kolkata was present and spoke on the occasion. Arun Kumar Garodia, Regional Chairman, Eastern Region, EEPC India was also present and addressed the gathering. Burakowski stated that Poland is an attractive investment destination on account of its strategic location and economic stability, attractive labour market with increasing labour productivity, mature business environment, variety of manufacturing sectors, dense network of suppliers, thriving services sector and presence of industrial clusters and investment support ecosystem comprising 14 Special Economic Zones and local tax relief. The 14 SEZs in Poland had received investments of $27 billion by 2016 and 2,87,000 jobs had been created. Burakowski added that about 121 Indian companies operate in Poland. Indian investments in Poland amount to $3 billion and include Videocon, TCS, Infosys, HCL Technologies and Wipro among others.