(CNA, Warsaw, 16th – comprehensive international news report) According to Bloomberg, Poland is looking to reshape its economy through major investment and technology transfer from Taiwanese enterprises. Polish Prime Minister Donald Tusk stated today that the country is seeking to attract expanded investment from companies such as Foxconn, hoping to no longer be "just an assembly center" in the future.

Bloomberg News reports that Tusk said Foxconn, which agreed last month to build an electric vehicle plant in Poland, could now become a partner in a potential semiconductor joint venture.

Poland, with an economy exceeding USD 1 trillion and as a member of the European Union, aims to strengthen its manufacturing and high-tech capabilities amid shifting global political dynamics and strained supply chains.

For Asian partners, Poland offers relatively low costs and rapid economic growth, while serving as a strategic gateway to the EU’s 450 million consumers.

Michal Jaros, Undersecretary of State at Poland’s Ministry of Development and Technology, told Bloomberg that Foxconn, a key supplier to Apple, will invest over USD 1 billion in its electric vehicle project in Poland.

The Tusk administration has withdrawn from negotiations with Chinese automakers due to concerns that Poland would not gain access to critical technologies.

Jaros added that the next step is establishing a technology park, where members of the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA), chaired by Foxconn Chairman Young Liu, may invest several billion dollars.

Tusk indicated the technology park could be located in the Polish town of Miekinia, about 150 kilometers from the German border. This site was originally intended for a semiconductor plant by U.S. chip giant Intel, but the project was later abandoned. (Compiled by Chen Cheng-chien) 1150616

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  • Source: CNA (Central News Agency)
  • Category: Partnership
  • Dates in source: 1150616