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Rebuilding Ukraine offers opportunities for Polish economy: official

07.10.2024 19:40
The reconstruction of Ukraine and the prospect of developing economic cooperation with Ukraine present a tremendous opportunity for the Polish economy, the head of the Polish-Ukrainian Chamber of Commerce has said.
Audio
The head of the Polish-Ukrainian Chamber of Commerce, Jacek Piechota, speaks at the opening of the Common Future Ukraine Reconstruction Congress conference in Poznań, western Poland, on Monday, October 7, 2024.
The head of the Polish-Ukrainian Chamber of Commerce, Jacek Piechota, speaks at the opening of the "Common Future" Ukraine Reconstruction Congress conference in Poznań, western Poland, on Monday, October 7, 2024.Photo: Jakub Kaczmarczyk/PAP

Speaking during the "Common Future" Congress in Poznań, western Poland, Jacek Piechota said on Monday that the reconstruction of Ukraine represents a chance for Polish companies to secure new contracts, economic projects and to strengthen trade turnover.

He described Ukraine as a country of vast resources and development potential.

“The reconstruction of Ukraine and the prospect of strengthening and developing economic cooperation with Ukraine is a significant opportunity for our economy and for Polish entrepreneurs," Piechota said. "Entrepreneurs understand this well."

More than 3,000 Polish companies have registered with the Polish Investment and Trade Agency (PAIH) as interested in participating in Ukraine's reconstruction, according to Piechota.

He told the conference that the entire Western world wants to demonstrate that it is possible to build a modern Ukrainian economy, and it is crucial for Polish firms to take part in this process.

He noted that the reconstruction of Ukraine is already underway, with local authorities in Ukraine working to restore damaged schools, hospitals and energy infrastructure.

Additionally, despite the war, Poles have registered 300 companies in Ukraine, reflecting Polish firms' readiness to expand and contribute to the country's reconstruction when Western funds and the Ukraine Facility program are launched, Piechota said.

The two-day conference in Poznań aims to be a platform for discussing the needs of the Ukrainian economy and opportunities for collaboration with Polish partners.

The event is being attended by around 1,000 participants, including entrepreneurs and central and local government officials. It includes 40 debates with 100 speakers.

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Source: IAR/PAP

Click on the audio player above to listen to a report by Radio Poland's Ada Janiszewska.


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