Poland unveils six-pillar development plan to drive economic growth, innovation


By Cui LiZhang Zhang
  • World
  • Tuesday, 11 Feb 2025

WARSAW, Feb. 10 (Xinhua) -- Poland's Finance Minister Andrzej Domanski on Monday unveiled a six-pillar development plan aimed at accelerating economic growth through energy transformation, modern technologies, and infrastructure investments.

Speaking at a conference attended by Prime Minister Donald Tusk, Domanski emphasized that transitioning to cleaner energy sources is essential for Poland's economic future. The government plans to allocate 65 billion Polish zloty (about 16 billion U.S. dollars) over the next decade to upgrade electricity transmission networks and expand renewable energy sources, including biogas and distributed energy systems.

Advancing modern technologies is another priority, with the establishment of a 300 million Polish zloty (about 74 million U.S. dollars) "deep tech fund" to support innovation in cybersecurity, artificial intelligence (AI), and space technologies.

Domanski highlighted Poland's robust IT sector, which employs around 400,000 specialists, and announced plans to develop AI supercomputers in Krakow and Poznan to bolster the nation's digital capabilities.

Infrastructure development is also a central focus of the strategy, with Poland striving to establish itself as a key logistics hub in Europe. The government plans to triple port transshipment volumes by 2030 and invest 180 billion Polish zloty (about 44.4 billion U.S. dollars) in railway modernization to improve connectivity and transport efficiency.

Tusk noted that total investments in Poland are expected to surpass 650 billion Polish zloty (about 160 billion U.S. dollars) this year, underscoring the government's long-term commitment to economic expansion and modernization. (1 Polish zloty = 0.25 U.S. dollar)

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