Poland's FDI in Ukraine to increase to USD 30 billion

Poland's foreign direct investments FDI in Ukraine are expected to increase to USD 30 billion in the next five years, according to a Polish think-tank.

In 2021, Poland's FDI totalled USD 1.2 billion, according to data from the National Bank of Poland NBP. Polish Economic Institute PIE wrote that investments by Polish companies in Ukraine will be mainly focused on the energy, construction and financial sectors.

In September, Poland's exports to Ukraine went up by 46 percent year on year while imports grew 23 percent, according to the International Monetary Fund IMF data.

They said the growth had resulted from Poland's arms exports to that country and humanitarian aid provided after Russia invaded Ukraine.

In 2014, Poland's profit on direct investments in Ukraine went up from minus 34 million to a record of EUR 130 million in 2021, according to the NBP.