Financial investment budgeted in public projects in 2018 in PLN
2.997.681.157 PLN
The most important projects completed between October 2017 and September 2018
Construction of the "Park & ride" strategic parking lot (P+R) "Metro Młociny III"; Reconstruction of the Passenger Service Point at the "Ratusz Arsenał" and "Marymont" stations of the I metro line; Reconstruction of Miodowa St. as part of the task "Modernizacja obszarów śródmiejskich"; Modernization of the Main Avenue in the Municipal Zoological Garden; Reconstruction and modernization of the Grochowski Hospital; Reconstruction and extension of existing facilities at 11 listopada St. 13/15 with adaptation to the function of a care and educational institution and the Crisis Intervention Center; Modernization of scenes of the Dramatic Theater along with adaptations to the needs of disabled people; Modernization of the playground in the Culture Park in Powsin; Modernization of the cellars of the building at the Yearly Center of the Skiing Center Szczęśliwice
Major projects planned for 2019
Design and construction of the 2nd metro line; Reconstruction of Marynarska St.; Modernization of Marsa St. to Żołnierska St.; Development of the New Center of Warsaw; Development and organization of green areas along with recreational elements in the Żeromski Park;
Integrated Territorial Investments, within which development and implementation of the Warsaw Air Index and Virtual Warsaw Functional Area
The Vistula district, including: modernization of the surroundings of the Czerniakowski Port, construction of automatic toilets, development of the Vistula riverbank-stage, Construction of a marina, swimming pools and bathing areas on banksof the Vistula; Construction of the Southern Hospital;
Construction of a clinic with a one-day hospital in the Białołęka District; Expansion and change of function in the building of the Prague Hospital; Modernization of historic buildings and construction of a concert hall for the Sinfonia Varsovia Orchestra; Modernization of the Szczęśliwice Center
Major current projects
Design and construction of the 2nd metro line.
Financial resources (in PLN) for investment in each of the last five years
2013 – 1.819 (billion/PLN); 2014 – 2.342 (billion/PLN); 2015 – 1.310 (billion/PLN); 2016 - 1.297 (billion/PLN); 2017 - 2.590 PLN (billion/PLN)
The proportion of the city’s budget invested in projects for buildings in relation to other expenditure (in pct and PLN)
City of Warsaw invested in projects for buildings ~10% of total budget.
How many projects does the city carry out using EU funds, and what is their value?
Between October 2017 and September 2018 the City of Warsaw has carried out 38 projects co-financed from the EU funds. The total value of the mentioned projects was 7 331 955 014,47 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 2017/18
No.1 among CEE cities in LaSalle European Regional Economic Growth Index 2017
Warsaw also occupies leading positions in terms of investor satisfaction from SSCs located in the city in following categories:availability of modern office space, quality of transportation, availability of talent/high-qualified employees
1.9 MLN - working age population in Warsaw metropolitan area, including 700.000 people aged 15-34
Over 40% - Warsaw inhabitants speak English and nearly 20% speak at least two foreign languages
Biggest talent pool in Poland with 200,000 university students and over 50,000 graduates each year
Best Universities in Poland (Perspektywy ranking:Warsaw University no.1 overall; Warsaw School of Economics no.1 in economic universities category)
Safest city in Poland and one of the safest capital cities worldwide
Bike system is the 5th biggest in Europe
Which major real estate investors have decided to invest in the city in 2018? Who are the potential investors in the city?
Octava FIZAN
Goldman Sachs/Cromwell
AXA IM
Reico
CA Immo
DAWM
Hansa Invest
TH RE
Europa Capital/Rezidor Hotels
Al Sraiya Hotles & Hospitality Group
Pradera
Marvipol
Generalli
How good is the zoning plan coverage?
37,21% of the City of Warsaw is covered by the zoning plan.
What is the waiting time for building permits?
No 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.
