Poland Firms to Invest in the Food Processing Sector in Bihar

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Poland Firms to Invest in the Food Processing Sector in Bihar

The 10th jubilee edition of the annual European Economic Congress has recently concluded in Katowice, Poland. The congress, which is the biggest of its kind in the central and eastern European (CEE) region, brings together some of the world’s most prominent heads of state, policymakers and international partners.

The aim of the event was to provide an increased impetus to foreign investments in Poland and the wider CEE region, and to foster closer cooperation with international partners.

The Deputy Finance Minister expressed his optimism in attracting Polish firms to invest in the food processing sector in Bihar. He also stated his hope on increasing collaboration between Polish academic institutions with their counterparts in the state.

Poland is the eighth-largest economy in the European Union, and the largest in the Central & Eastern European Region (CEE). Over the course of the past 25 years, it has seen its economy grow exponentially.

In 2018, Poland’s economy registered a year-on-year GDP growth rate of 4.6%, making it one of the fastest growing economies in the E.U. In fact, during the first quarter of 2018, the economy registered a growth rate of 5.1% from the corresponding period in the previous financial year.

With a dynamic and highly-skilled workforce, an attractive investment climate, and its location in the heart of Europe, Poland today has proven itself to be a European economic powerhouse.

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