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Poland reveals 330 mln USD investment plans by S.Korean auto company

English.news.cn   2013-12-21 08:17:47            

WARSAW, Dec. 20 (Xinhua) -- Economy minister Janusz Piechocinski announced on Friday that a South Korean automobile company planned a 1-billion-Polish zloty (about 330 000 000 USD) investment in Poland, according to local press.

"We have built a kind of an auto industry cluster in Poland over the last five years," said Piechocinski. He argued that the industry had chances of a further dynamic growth.

"If I succeed in persuading one of the Polish metallurgical plans to launch production of car body sheet metal we will have everything in Poland that is used to build modern, brand-name passenger cars," he said.

He hoped that the number of new cars produced in Poland will reach over 800,000 units per year in the next few years.

Editor: Mengjie
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