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Poland set to see spate of automotive projects: official

PR dla Zagranicy
Paweł Kononczuk 29.11.2017 12:33
Poland will see more than ten new automotive industry projects springing up over the next two months worth PLN 400 million (EUR 95m, USD 113m) in total, Finance and Development Minister Mateusz Morawiecki has said.
Mateusz Morawiecki. Photo: PAP/Tytus ŻmijewskiMateusz Morawiecki. Photo: PAP/Tytus Żmijewski

His comments came as automotive giant Toyota announced on Wednesday that it would invest millions in producing a new-generation petrol engine at a plant in south-western Poland.

Production of a 1.5-litre engine will start in 2020 at a plant in Jelcz-Laskowice, according to Toyota.

In an interview with Poland’s PAP news agency published on Wednesday, Morawiecki, who is also a deputy prime minister, said the automotive industry “is becoming a branch of the economy which is building the foundations for solid growth in Poland in the years ahead.”

He added: “More than ten new projects will appear in the automotive sector in Poland over the next two months, the total value of which will be about PLN 400 million.”

Morawiecki said Toyota's announcement “confirms that our country is a very good place for investors.”

He told PAP that Toyota was also setting up a research and development centre in Poland.

“This is the first such initiative by the company being carried out outside of Japan,” Morawiecki added.


Source: PAP

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