Katowice FDI doubled in H1 2012

fDi Magazine reports that Katowice attracted double the number of foreign direct investment (FDI) projects in the first half of 2012, when compared to the same period in 2011. The City, together with Warsaw, Kraków, Wrocław and Poznań, made up the top five Polish destination cities for FDI projects in the first half of this year.

According to data from greenfield investment monitor fDi Markets, the number of FDI projects in Poland increased by 3% in H1 2012, when compared to the same period last year. At the same time, the number of FDI projects globally declined by 23%.

The highest number of projects in Poland involve investors from the United States accounting for almost 25%. Warsaw remains the top Polish destination attracting more than 20% of all foreign direct investment projects in the country in both periods.

The today’s score of Katowice seems to be a confirmation of the ranking published at the beginning of 2012. In February, Katowice was named the best eastern European city of the future for FDI promotion strategy according to fDi Magazine. “Katowice is a great example of growth of the post-industrial economy and reflects rapid changes taking place in Poland since 1990. […] The City was the highest ranking eastern European city of the future for FDI promotion strategy and has the fifth score in the same category among all small European cities” – Courtney Fingar, editor of the fDi Magazine, commented the results in February.

Giving his reaction to the verdict, Katowice mayor Piotr Uszok said: “Holding the position of the best city in eastern Europe for FDI promotion strategy only confirms that our previous activities towards foreign investment attraction yielded a visible result. The highlight of Katowice in the fDi Magazine’s ranking surely will be a driving force for further development of the City and the whole Upper Silesia region.”

According to the Polish Information and Foreign Investment Agency’s (PAIiIZ) deputy head Marek Łyżwa, who spoke to the Polish Press Agency in September, the second half of 2012 confirms that the situation on the market is good and the next year will bring further increase of investments inflow.