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A good sign for the PPP market given by Polish government

“We want to facilitate business investment mechanisms, promote Public-Private Partnerships and encourage small and medium-sized capital through providing a wide range of guarantees, such as the de minimis program” – said to the “Puls Biznesu” daily Mateusz Morawiecki, the recently appointed Duputy PM of the Polish government as well as the new Minister of Development.

picture by Marek Mytnik – Bank Zachodni WBK. License CC BY-SA 3.0 based on Wikimedia Commons

The above statement fits well with the recently published World Bank’s “Doing Business 2016” report, which ranks Poland’s economy the historically highest 25th place out of 189 global economies (see source). Both events indicate that the PPP market in Poland can expect acceleration. The more that the European Union also promotes the PPP approach and so called “hybrid” PPP projects combining three sources of financing: public means, the private partner’s means as well as the EU Funds. The Minister of Development Mateusz Morawiecki is moving to his new role directly from the private banking sector, where he served for 8 years (2007-2015) as the CEO of Bank Zachodni WBK, today one of the largest banks in Poland. It is a clear signal to the whole PPP market in Poland that PPP-type projects will now have the opportunity to get more understanding also at the governmental level, which – as proved by the most developed global economies – should strengthen Poland capability to deliver PPPs and help spreading the use of PPPs in the implementation of public tasks all across the country. Bartosz Korbus, the founder of the Institute for PPP, is commenting on these events: „I do hope that concentrating now in one hand the central administration’s competences in regards to Public-Private Partnerships will result in developing a unified PPP policy, the execution of which could be later entrusted to one specialized PPP Unit. I also highly appreciate the fact outlining by the minister the necessity of immediate introduction of relevant improvements to the public procurement’s legal framework. It is worth to stress that in addition to the new Public Procurement Act Poland is also obliged to adopt legal regulations for concessions for public works and services.”

External links (content in Polish)

Read the full interview with Mateusz Morawiecki („Puls Biznesu” Daily – in Polish) Read the press review in the above subject matter (TVN24 Biznes i Świat – in Polish)  

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