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Wałbrzych Special Economic Zone "INVEST-PARK"

Wałbrzych Special Economic Zone "INVEST-PARK". - development prospects to 2020. Business activity within the Świdnica Subzone. - advantages for investors. Dagmara Wolska Post Investment Specialist May 2 6th, 2011.

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Wałbrzych Special Economic Zone "INVEST-PARK"

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  1. Wałbrzych Special Economic Zone "INVEST-PARK" - development prospects to 2020. Business activity within the Świdnica Subzone. - advantages for investors. Dagmara Wolska Post Investment Specialist May 26th, 2011

  2. WSEZ isadministratively separated part of the Polish territory, designated for running business activity under preferential conditions. Entrepreneur operating in the zone is entitled to receivepublic aid in form of income tax exemption.

  3. WSEZ was established based on the Ordinance by the Council of Ministers dated April 15th, 1997.

  4. Beginning (1997): Currently (2011): Surface: 256.43 ha 4 subzones in 1 province Initially established for the period of 20 years, i.e. till May 28th, 2017. Surface: 1,685.13 ha 40 subzones in 4 provinces Will be operating until the end of 2020.

  5. Public aid: • Investor who starts business activity in the WSEZ „INVEST-PARK” is exempted from income tax (available only in the special economic zone). • possibility of income tax exemption amounting even up to 60% • of investment costs • or two-year labour costs • investment located within Lower Silesia

  6. Intensity of public aid: LOWER SILESIA, WIELKOPOLSKA 40% OPOLSKIE, LUBUSKIE 50% of investment costs or two-year labour costs LUBUSKIE WIELKOPOLSKA LOWER SILESIA SMALL-SIZEDentrepreneur:+20% MEDIUM-SIZEDentrepreneur:+10% OPOLSKIE

  7. A legal base to benefit from the public aid in a formof corporate income tax exemption is the permit forconducting business activity within the area of the Zone,which is issued by the WSEZ “INVEST – PARK”Sp. z o.o.(Ltd.).

  8. The permit for conductingbusiness activity within the areaof the Zone is issued for major manufacturing activities and such services as: 1) information technology services, 2) research and development services, 3) accounting and auditing of books services, 4) bookkeeping services, excluding tax declarations, 5) technical testing and analysis, 6) call centre services.

  9. WSEZ "INVEST-PARK" offers: INVESTMENT AREAS: • more than 520 hectares of investment sites dedicated to green-field investment, INDUSTRIAL PROPERTIES: • production halls and warehouses, • opportunity of purchase or lease or rent of the space, OFFICE SPACES: • facilities designated for service activity (Business Process Outsourcing), • office spaces in Wrocław and Wałbrzych.

  10. Why is it worth investing in WSEZ: • System of tax exemptions and other incentives: • income tax exemption, • real estate tax exemption, • funds and grants. • Wide offer of green-field areas, industrial and office spaces.

  11. Why is it worth investing in WSEZ: • Well developed region • rich industrial traditions, • convenient location strengtheningco-operative and commercial contacts. • Attractive labour market in the region: • competitive labour costs, • qualified, flexible labour force, • 66 % of population in productive age, • well developed system of education (36 educational centres), • high unemployment rate.

  12. Why is it worth investing in WSEZ: • Development of the WSEZ: • over 160 entrepreneurs • 31 083 employees • Euro 3 billion – investment expenditures • WSEZ „INVEST-PARK” ranked as one of the most attractive places to invest in the world: • 3rd position in Europe and • 17th position in general world classification • (according to The Report prepared by 'FDI Magazine‘, • publication owned by The Financial Times Business Group; • among over 700 zones that took part in the contest) Investment expenditures in the WSEZ in EUR billion Employment changes within the WSEZ

  13. Entrepreneurs of the WSEZ: 70% of investments in the WSEZ is realized by foreign companies. They represent among others following countries: Italy, Germany, Japan, the USA, Sweden, France, Denmark, Great Britain, Spain, the Netherlands, the Republic of Korea, Belgium, the Czech Republic, Ireland, Portugal, Switzerland,the United Arab Emirates, India. Poland 51 Other 28 Sweden 10 USA 12 Italy 23 Japan 16 Germany 23 France 4, Denmark 4, Great Britain 4, Spain3, the Netherlands 3, the Republic of Korea 2, Belgium1, the Czech Republic 1, Ireland 1, Portugal 1, Switzerland 1, the United Arab Emirates 1, Poland / German 1, India 1. number of entrepreneurs 163 Entrepreneurs in the WSEZ by the country of origin

  14. *country of origin: SWEDEN *country of origin: DENMARK Totally: 14 investment projects Euro 355 million invested capital 3,376 workplaces

  15. Entrepreneurs of the WSEZ: Attractive investment conditions and beneficial location persuaded many companies to locate investments in WSEZ „INVEST-PARK”. • 3 factories • Euro 189 mln. of invested capital • 2,3 thous. employees

  16. Entrepreneurs of the WSEZ represent the following branches: • automotive, • household appliances, • metal processing and others.

  17. Entrepreneurs from different branches in the WSEZ "INVEST-PARK": • 1. AUTOMOTIVE sector: • 32 companies • Euro 1.4 bln. of invested capital • 13.7 thous. Employees • 2. Household appliances sector: • 20 companies • Euro 0.44 bln. of invested capital • 7.2 thous. employees

  18. Entrepreneurs from different branches in the WSEZ "INVEST-PARK": • 3. Metal processing sector: • 19 companies • Euro 0.15 bln. of invested capital • 1.1thous. employees • 4. Other including: chemical, • plastics, food: • 91 companies • Euro 1.03 bln. of invested capital • 8.6 thous. employees

  19. Świdnica Subzone:

  20. Świdnica Subzone: INVESTMENT AREAS IN ŚWIDNICA: • located on outskirts of towns, • sites subdivided according to Investors requirements, • accessibility of all technical media (energy, gas, sewage system etc.), • accessibility to internal and national roads (35 km fromA4 Motorway), • favourable geographical location.

  21. Świdnica Subzone:

  22. Świdnica Subzone: Colgate – Palmolive Investment plotof 21.28 ha Electrolux

  23. Świdnica Subzone: INDUSTRIAL PARK IN ŚWIDNICA: • Special Economic Zone status, • Available space hall 4,500 m2 (to be constructed), • Possibility to adjust space to entrepreneur’s requirements.

  24. Świdnica Subzone: INDUSTRIAL PARK IN ŚWIDNICA:

  25. Entrepreneurs of the WSEZ Świdnica Subzone: Colgate – Palmolive Nifco Poland Klingenburg International AAM Poland

  26. Thank you for your attention! Dagmara Wolska Post Investment Specialist dagmara_wolska@invest-park.com.pl WSEZ „INVEST-PARK” Ltd. e-mail: invest@invest-park.com.pl www.invest-park.com.pl

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