Use of Investment Areas in Special Economic Zones in Poland in the Context of Planned Legislation Changes

Wiesława Lizińska

doi:10.2478/remav-2019-0009

Abstract

Abstract Boundaries of Special Economic Zones (SEZs) in Poland change constantly and preferential conditions, including attractive investment land sites, become important factors underlining a decision to choose the location of an enterprise. Not all land allocated to investment projects within special economic zones in Poland has been developed and, in the context of planned amendments to the law regulating SEZs, it is worth asking whether the extent to which the zones are developed will change once the new law becomes effective. This is an important question because much of the investment land offered by SEZs is composed of land plots ready to be developed. The aim of this paper has been to diagnose and assess the current level and changes in the development of investment areas within special economic zones in Poland. Attention was paid to potential consequences of the planned amendments in the Act on the Principles of Supporting New Investments to the management of areas enclosed in SEZs. The research data were obtained from the Ministry of Development, published in Reports on the Implementation of the Act on Special Economic Zones (covering the years 2009-2016), and from the Polish Investment and Trade Agency (PAIH).

Highlights

The history of special economic zones (SEZs) in Poland is shorter than in some countries, Polish literature contains several analyses dedicated to SEZs even prior to their establishment in Poland, e.g. DURSKI (1988)
The main source of financial surplus are the remunerations paid to employees by companies seated in SEZs, exports of these companies, and the demand for production means purchased on the domestic market. This analysis suggests that the Polish economy has achieved positive economic effects from the establishment of special economic zones
The offer of land sites for investments within special economic zones in Poland is among the most important sets of offers addressed to investors in our country

Summary

Introduction

The history of special economic zones (SEZs) in Poland is shorter than in some countries, Polish literature contains several analyses dedicated to SEZs even prior to their establishment in Poland, e.g. DURSKI (1988). The main source of financial surplus are the remunerations paid to employees by companies seated in SEZs, exports of these companies, and the demand for production means purchased on the domestic market This analysis suggests that the Polish economy has achieved positive economic effects from the establishment of special economic zones. The significance of the above amendment lies in its potential impact on the attractiveness of investment areas located in zones, where some expenses have already been made to provide infrastructural utilities and to promote the zones

Data and Methods

Empirical results

Prospects of using the area covered by special economic zones

Findings

Conclusions