Pomeranian Special Economic Zone Your Best Investment Choice

Pomeranian Special Economic Zone Your Best Investment Choice People’s Republic of China, September 2010

Pomeranian Region Investment opportunities: - direct access to the Baltic Sea, - international airport, - well-developed industrial and port base, - diversified economy structure, - developed SME sector, - the Tri-city metropolitan area (Gdańsk, Gdynia and Sopot), - an attractive region in terms of flats availability, - public and private universities, - institutions and organisations supporting entrepreneurship.

Pomeranian-Chinese contacts • Consulate General of the People's Republic of China in Gdańsk. • Polish-Chinese Chamber Of Commerce. • Over 100 Chinese students studying at Pomeranian universities. • University of Gdańsk is planning to start Sinology studies. • CHIPOLBROK– Chinese-Polish Joint Stock Shipping Company with headoffices located in Shanghai and in Gdynia. • Pomeranian companies present in China: LPP, Balex. Metal, VTS Clima. 3

Special Economic Zone It is a part of territory which is administered separately, allocated for the running of businesses on preferential terms. The SEZ is a place which is subject to special treatment and tax exemptions where an entrepreneur can establish a business on a specially prepared site and run it without paying income tax. 4

Pomeranian Special Economic Zone 447 ha • Covers the industrial territories of a total area of 1 220, 11 ha. • Offers attractive investment areas in the northern Poland income tax exemptions. • Cooperates with the local authorities, regional business, academic and cultural environment. 170 ha 603 ha

Why is it worth investing in PSEZ? Income tax exemption (PIT or CIT) – form of regional public aid Plot prepared for investment (regulated legal status, roads and technical infrastructure available), usually favourable prices One owner of the plot (Pomeranian Special Economic Zone Ltd. ; City) SEZ experience in investment projects services Real estate tax and other exemptions (available in chosen SEZ subzones, depends on decisions of local authorities) 6

Income tax exemptions The entrepreneurs having the permit to do business in the PSEZ are exempted from income tax related to: - investments specified in a permit and/or - employment creation specified in a permit The minimum amount of investment costs must be EUR 100, 000 and activity within the Pomeranian Special Economic Zone must be conducted in accordance with the conditions of the permit for at least 5 years (3 years for SMEs).

Public Aid Pomeranian Westpomeranian 40% - 60% 50% - 70% Kuyavian- Pomeranian

Public Aid In case of public aid for newly established investment the eligible outlays cover inter alia: purchase of real estate or the right for the perpetual usufruct, purchase of fixed assets related to the new investment, expansion or modernization of the already existing fixed assets, purchase of intangible and legal assets related to transfer of technology. 9

Investors in PSEZ - 70 international and Polish companies - 20. 000 workplaces - 2 bln USD Main investors: 10

Gdansk Science and Technology Park It is an initiative of Pomeranian Special Economic Zone, local authorities of Pomeranian Region, the City of Gdansk and the Gdansk University of Technology.

GSTP Mission • to create the best environment for the development of newly established small and medium-sized high-tech enterprises which base their market success on know-how • to offer an optimum, world-class location and facilities for companies and R&D organizations • to facilitate building contacts and collaboration between scientists, industry leaders and high-tech companies

Thank you for your attention. Pomeranian Special Economic Zone Ltd. 9, Wladyslawa IV Street, 81 -703 Sopot, Poland Investment Development Department tel. : +48 58 555 97 00 fax: +48 58 555 97 11 invest@strefa. gda. pl www. strefa. gda. pl 13