How Poland snagged Intel's multi-billion dollar investment

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WROCLAW, Poland/STOCKHOLM : Poland's third-largest city Wroclaw beat rivals last week to be home to the next multi-billion dollar Intel chip factory in Europe, with a two-year campaign promising subsidies, infrastructure, talent and a slice of American life.In the face of an unprecedented semiconductor sh

WROCLAW, Poland/STOCKHOLM : Poland's third-largest city Wroclaw beat rivals last week to be home to the next multi-billion dollar Intel chip factory in Europe, with a two-year campaign promising subsidies, infrastructure, talent and a slice of American life.

Poland initially impressed Intel executives with the speed in which it responded to queries and addressed concerns, Intel said."As you are picking a location, imagine you are going on a date. You have a sense, oh they really want this to work," Gelsinger said."We definitely came away with a strong belief that the local government want to make this work."

Many meetings were conducted remotely due to COVID-19 restrictions, officials said. Marcin Fabianowicz, director of the PAIH's investment centre later met with a representative from ARP and two senior Intel executives. Codenamed"Project IQ", government and municipal officials worked confidentially on strategies to lure the chipmaker.

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