Xinhua, Warsaw :
Poland was ranked as the world’s 13th, and Europe’s 5th, most favored destinations for foreign investors in a report by United Nations Conference on Trade and Development (UNCTAD) published Tuesday.
Poland’s advantage is its productivity which is growing faster than wages, the report shows.
“Poland’s key potential is its growing labor productivity. Over the past ten years it has grown faster than wages. It is a huge advantage which makes our position stable in the eyes of foreign investors,” Beata Chamot, a director at the Polish Information and Foreign Investment Agency (PAIiIZ), said during the report presentation.
China, the United States, Indonesia and India were ranked the highest in the report. In Europe, Poland was behind Germany, the United Kingdom, Russia and France.
Global foreign direct investments (FDI) started to grow again in 2013, UNCTAD said. Before the financial and economic crisis, global FDI amounted to 2 trillion U.S. dollars. In 2012 it shrank to 1.3 trillion U.S. dollars and climbed to 1.45 trillion U.S. dollars in 2013.
