President of Duda at the Singapore Business Forum: Poland can become a bridge for investors in Asia connecting to Europe

pch24.pl 3 weeks ago

Poland can become a bridge between Asia and Europe, a place where investors, innovators and exporters from Singapore will make a solid and long-term basis for further action – said president Andrzej Duda at the beginning of the Polish-Singapur Business Forum on Friday.

The President, who took part in his visit to Southeast Asia, stressed that Singapore is simply a country known for its innovation, resilience, strategical economical imagination and, as he estimated, immense economical success.

The president stressed that the Forum considers it a "concrete step" towards strengthening economical ties between Poland and Singapore as leading countries in its regions.

Since Poland entered the way of unprecedented political and economical transformation in the late 1980s, Asian leaders specified as Singapore have been a function model for us. presently Poland arrives here not only as a partner with prospects for the future, but besides as an economical and political leader in the region of Central and east Europe said the President. According to him, Poland has become 1 of the most dynamic economies in the European Union.

Thanks to sustainable GDP growth, sound public finances and ambitious private sector activities, not only are we the driving force behind our region, but we besides bravely look beyond its borders Andrzej Duda stressed.

The president noted that Poland is the sixth largest economy in the EU and besides the largest in Central and east Europe. He pointed out that the Polish interior marketplace covers more than thirty-eight million consumers, and thanks to its membership in the EU it offers access to a single marketplace of more than 4 100 and forty million people.

He emphasized Poland's function as a leader in advanced production, investigation and development, IT and programming services, green energy and defence technologies.

In our territory, we have 1 of the largest logistics centres in Europe, and we have a key transit point between Western Europe, the Balkans, Ukraine and another regions. – he noted.

In fact, we are 1 of the most attractive places in Europe in terms of nearshoring, industrial investment and shared services. We besides invest crucial resources in digital infrastructure, energy transformation and modern industry said Andrzej Duda.

The president pointed out that Singapore is clearly 1 of the most competitive economies in the world, but besides the gateway to Asia and a trusted partner on a global scale. He stressed that Singapore's economical operators realize well what the global value chain is, and their leaders know what scale, innovation and leadership is.

Singapore is seen not only as a market, but – above all – as a business centre and platform for Polish companies looking for opportunities to mark their presence on the South-East Asia market. Similarly, I believe that Poland can become your bridge between you and Europe, a place where investors, innovators and exporters from Singapore will form a solid and long-term basis for further action said the President. He pointed out that he saw promising possible for cooperation in the areas of industry, the digital economy and innovation.

Polish engineers, programmers and start-ups from the fin tech manufacture gain designation worldwide. Let's build digital bridges with leading Singaporen innovators in cybersecurity, artificial intelligence, electronic commerce and blockchain technology He appealed. According to the President, there is besides possible for Polish-Singapore cooperation in defence technologies and dual-use items, food security, agricultural technologies and transport infrastructure and logistics.

According to Andrzej Duda, Poland is the strategical hub of the Tri-Mortal Initiative, which is at the forefront of the improvement of communication connections in the region between the Baltic Sea, the Black Sea and the Mediterranean Sea, as well as the "gate" for the post-war reconstruction of Ukraine. – Singapore is simply a planet leader in logistics and port operators. There is surely besides possible for cooperation on storage, freight transport and trade facilitation between Europe and Asia – noted the President.

There is no uncertainty that the planet has entered a fresh phase of global economical relations – a time erstwhile success will be decided by diversification, resilience and trusted partnerships. Polish-Singapur partnership can become part of this fresh global architecture – the president assessed. He stressed that in order to support this intention, Poland strengthens its diplomatic presence, expands economical diplomacy and actively promotes bilateral trade and investment.

My presence here in Singapore – the first visit of the head of the Polish State in over 20 years – reflects Poland's political will to bring our countries closer together said the President. He besides encouraged both Polish and Singaporen entrepreneurs "to think in the long term, to invest on both sides, to learn from each another and to build sustainable, valuable partnerships".

Source: PAP / Victoria Niałek, Singapore

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