The Polish government plans to privatize 90 percent of its economy by 2013. In the current situation, more than 70 percent of the economy has been privatized and the process will continue as planned.
This privatization process will offer many opportunities for foreign investors.
Poland´s energy sector is the largest in Central Europe and is currently undergoing a rapid privatization phase. This is an energy sector where 90 percent of the energy produced today comes from coal since Poland is one of Europe's largest coal producers. However, in the future they want to use other energy sources.
The Polish government now discuss with the United Arab Emirates to invest in the Polish energy sector. The United Arab Emirates has become Poland's largest trading partner in the Arab world in recent years. Earlier, it was Saudi Arabia. The oil imports is not the leading factor, oil imports come from Norway and Russia. This is because they want to avoid transport costs.
In Poland, they want to develop and expand its trade exchange with the Arab Emirates. Privatizing the energy sector is one step in the right direction due to the fact that it is a valuable sector for private participants.
Cecilia Helland