How Poland snagged Intel's multi-billion dollar investment

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Poland's third-largest city Wroclaw beat rivals 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

Intel CEO Pat Gelsinger poses after an interview in Wroclaw, Poland, June 16, 2023. REUTERS/Karol Badohal/File Photo

In the face of an unprecedented semiconductor shortage, Europe is offering billions of euros in subsidies to reduce its dependence on Asia. In return, Intel is committing big sums and with Germany already bagging a 30 billion euro investment, Poland decided to crash the party.The U.S.

Two government agencies - the Polish Investment and Trade Agency and the Industrial Development Agency played a key role in the process, officials said. But when Intel announced its European investments in March 2022, Germany was awarded a major factory in Magdeburg while Intel told Poland it would only expand its existing facility in Gdansk."We never said something can't be done," Fabianowicz said.

Intel executives were also impressed by Wroclaw being home to Poland's American football and basketball champions.Intel's new plant will be on a 285 hectare plot, beside another chip factory, the edible variety made by PepsiCo and a factory which makes windows.

 

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