Experts: There will be no exodus of Polish companies
Experts quoted by “Puls Biznesu” estimate that war in the Persian Gulf should not cause an exodus of foreign companies that operate there or plan to invest there.
Head of the Foreign Trade Office of the Polish Investment and Trade Agency in Dubai Maciej Białko told the newspaper that the result of Iranian retaliatory attacks after the US and Israeli strikes are incidents related to falling debris, as well as temporary operational disruptions in selected areas of infrastructure United Arab Emirates. However, as he noted, the key infrastructure is operational and there is no mass withdrawal of foreign companies or suspension of operational activities.
Marek Buczak, director of the foreign expansion fund management department at PFR TFI, pointed to talks with Polish industrial, food processing and new technology companies about entering the market of Saudi Arabia and countries in the region. “After the outbreak of the conflict in Iran, they maintain their willingness to implement the announced projects, which also benefits them in the eyes of Saudi partners who see that their intentions are sincere,” he added. As he noted, decisions about foreign investments – not only in this region – are not made on the spur of the moment, and the project evaluation horizon often covers 10-20 years.
There are several hundred entities related to Poland in the United Arab Emirates
“PB” points out that in United Arab Emirates There are several hundred entities related to Poland – companies with Polish capital, branches of companies registered in Poland, commercial agencies and enterprises operating through local partners and distributors. The newspaper quotes PAIH data that: Polish companies present in the Emirates they operate in the construction, engineering, food industry, FMCG, furniture, interior design, cosmetics, pharmaceutical, IT, new technologies, defense and aviation industries as well as in logistics and re-export trade. Some of them implement investment projects of production and technological importance.
