Imports are key to the UK’s export success story, says HSBC report. In order to remain competitive in a global marketplace and integrate further into the global supply chain, UK business needs to continue to outsource production of component parts, invest in education and skills and provide fiscal incentives to support continued R&D. These particularly apply to the most successful organic chemicals, machinery and pharmaceutical sectors.
According to the recent McKinsey Global Institute Report for December 2013, a refined ‘aspirational model’ in economic growth is key to making the CEE region one of the most dynamic areas of development in the global economy.
Poland’s outstanding performance during the GEC has defined it as one of the most business-friendly environments in Europe, even the world. Displaying stability, even growth, during the 2008 to 2012 crisis (18.1 per cent), with a continued positive economic outlook, as well as ongoing Special Economic Zone (SEZ) measures, make it an attractive investment destination, says EY’s report.
A positive sentiment for investment in Poland’s future continues as retail expansion in the region centres around growing shopping centre stock, according to Jones Lang LaSalle’s latest Poland Retail Market. Two major new projects feature: a multi-use complex, Galeria Katowicka in Katowice and downtown shopping gallery Plac Unii by BBI Development in Warsaw.