Poland Information Technology new funds to be received for digitization and other sectors
The European Commission unblocked USD 149 billion for Poland within National Reconstruction Plan (KPO) and Cohesion Policy funds. These funds were blocked for nearly three years because of the dispute over the rule of law. The country is expected to receive the first part of funds - USD 7 billion in early April. The Polish KPO has 55 investments and 55 reforms that will strengthen the Polish economy after COVID-19 pandemic outbreak. A significant part, 21.3% of these funds, will be dedicated to the country’s digital transformation.
The new funds will focus on investments that provide access to wired and wireless internet to underserved areas, as well as strengthening cybersecurity. The Polish government announced that the plans will include equipping up to 931,000 households with access to broadband internet, providing trainings in cybersecurity competences for 380,000 people, creation of seven regional cybersecurity centers and seven sectorial incident response teams (more details about these projects should be known in 2024), as well as construction of 4,200 stations providing 5G. Other projects include equipment for 50 cities with new installations for controlled emissions of electromagnetic fields and providing access to high-speed internet to 100,000 classrooms. More details about investments should be known soon.
These funds can play a crucial role in boosting investments in the country within the upcoming years.
U.S. firms are well-positioned to participate in tenders in IT and digital sectors in Poland, due to their strong expertise in engineering services, consulting, innovation and quality. For more information, please contact Commercial Service Poland at office.warsaw@trade.gov.