ByadminPolish investors are looking for joint ventures in Ukraine
Reining the American and European investments in the 90s of the last century by Polish companies have made Poland trustworthy for the investors worldwide. According to the Polish Institute of Economics (PIE), the foreign direct investment in Poland in 2021 was increased by 82% and reached $24.8 billion. Thus, the country ranked 14th in the world and 3rd in the EU after Germany and Sweden for direct foreign investment.
Moreover, the economic collaboration with Ukraine is seen as a power force, and can bring Poland bigger authority in Europe. In this regard, Poland and Ukraine have great advantages in joint ventures under EU programs, requiring a partner, mostly from the innovation field, as well as from other sectors where there is an opportunity for Ukraine to show up, yet within European frame.
Since its independence, Ukraine have begun collaboration with Poland on many fields, from economy to culture. The two countries are continuing their fruitful partnership. Thus, according to official information, on June 1, 2022, under the intergovernmental consultations in Kyiv, the state representatives agreed on collaborative projects in the defence industry, energy and regional development. After the meeting, the parties signed several bilateral documents.
So far, the global business keeps calm towards Ukraine, which is quite reasonable. The budgeting and implementation of big projects is postponed until the end of the war. However, the opportunities of joint Poland-Ukraine ventures are popping up for small businesses across the border.
The two countries have strong bonds due to agriculture and the food industry, as Poland is considered a gate to Europe for Ukraine. Therefore, all production opportunities are easier to get via small and medium-sized Ukrainian and Polish businesses than via those of other EU countries.
The ventures on quick export of products to Poland are the most demanded, as well as those located in the western Ukraine. Poland might be interested in either Ukrainian market or Ukraine as a gate to relocate the business to Europe.
The export-oriented businesses to be the most demanded among the Poles. Sure, they are interested in ventures that can relocate to Poland in full or as a subsidiary with the head office in Ukraine and Poland-based manufacturer.
Ukraine may benefit attracting Polish investors to joint ventures and show the world its alive investment potential despite the war.
In particular, those are investments in ventures within the Ukrainian private sector allocating via Ukrainian Re-development platform which helps to attract foreign partners, mostly Polish, to invest in projects related to energy, water purification, the food industry, the construction, medicine and others.
Such a collaboration will strengthen bonds between neighbouring countries aligned in vision, as well as accelerate the economic recovery of Ukraine via opportunistic projects in various sectors that are important for both countries.
