Financial investment budgeted in public projects in 2019 in PLN
2.189.073.295 PLN
The most important projects completed between October 2018 and September 2019
Construction of the 2nd metro line from "Dworzec Wileński" to "Targówek 2"; Partial Construction of the Świętokrzyska Road; Partial Construction of the Gandhi St.; Construction of the Czerniakowska-bis St.; Reconstruction and Modernization of the Warsaw's Children Hospital; Modernization of "Park Kultury w Powsinie" - pool;
Major projects planned for 2020
Construction of the 2nd metro line; Construction of the South Hospital; Construction of the Museum of Modern Art; Construction of the "Park & Ride" strategic parking lot (P+R) "Żerań PKP"; Partial Reconstruction of the Trakt Lubelski St.; Construction of the overpass (Chełmżyńska St.); Construction of the tunnel (ul. Raczkiewicza); Construction of the municipal building in Wawer district; Reconstruction of the historic building - Pałacyk Konopackiego
Major current projects
Construction of the 2nd metro line; Construction of the Museum of Modern Art;
Financial resources (in PLN) for investment in each of the last five years
2013 – 1.819 (2015 – 1.310 (billion/PLN); 2016 - 1.297 (billion/PLN); 2017 - 2.590 PLN (billion/PLN); 2019 - 2.189 (billion/PLN)
The proportion of the city’s budget invested in projects for buildings in relation to other expenditure (in pct and PLN)
~10%
How many projects does the city carry out using EU funds, and what is their value?
Between October 2018 and September 2019 the city of Warsaw has carried out 27 projects co-financed from the EU funds. The total value of the mentioned projects was 128 236 253,48 PLN.
How open is the city to outside investors? Does it offer special incentives and investment development programmes? What are they?
The City of Warsaw implemented real estate tax exemption up to three years. Employment Service support - trainings for job applicants, grants for the employment of people over 50 y.o., refund part of the costs for the new workplace, support in staff recruitment. City-financed accelerating programmes for new enterprises connecting startups with investors. Warsaw Convention Bureau supports in organising and promoting conferences in Warsaw for investors’ employees and guests (incl. promotional materials, study tours, tourism information packages)
Which factors make the city attractive to invest in? What is the potential of the city? (location, infrastructure, proximity to expressways connecting, human capital)
No.3 in fDi’s Major European City of the Future 2018/19 in Business Friendliness No.1 in fDi’s Polish City of the Future 2019/20 No.1 Emerging Europe’s 2019 Business Friendly Perception Survey
Which major real estate investors have decided to invest in the city in 2019? Who are the potential investors in the city?
Investors:
Atrium European Real Estate
Immofinanz
Mapletree
Globalworth
Credit Suisse
GLL
Developers: Ghelamco, Skanska and Echo Investment.
How good is the zoning plan coverage?
38,3%of the City of Warsaw is coverage by the zoning plan.
What is the waiting time for building permits?
Not more than 65 days.
Why does the city deserve the award? (please stress the most important factors that make the city friendly to investors)
Warsaw is the leader not just in Poland but in CEE region.
