KGHM opens a mine in Chile, is about $ 1.5 billion more expensive than … – Polish Radio

KGHM opens a mine in Chile, is about $ 1.5 billion more expensive than … – Polish Radio

  Maciej Grelowski of Business Centre Club; Grazyna Piotrowska-Oliwa, PGNiG was president, vice-president of the Employers of Poland; Adam Czerniak, Warsaw School of Economics Analytical Centre Policy Insight , photo: Polish Radio
 

Sierra Gorda is located in the Atacama Desert in the Antofagasta region, which is the largest basin of copper in Chile. The plant began processing ore copper concentrate in July this year. Prior to prepare mine, removed 192 million tons of sand and rocks.
During the inauguration of Herbert Wirth – President of KGHM, recalled the work of Ignacy Domeyko – Polish geologist, mineralogist and social activist whose name was mine.

The cost of building the mine is a $ 4 billion

The cost of the investment is more than $ 4 billion. Grazyna Piotrowska – Olive Vice President of Employers of Poland is delighted that we have such investments, but that it did not always end these financial success – such as the purchase of Mazeikiu refinery by PKN Orlen – and wonders how will the together.

– I want to see what will be the effectiveness of the investment in the long. Not much is said about it, the cost of investments grew by 50 percent. compared to the estimated budget two years ago. We’re not talking about $ 100 million, only $ 1.5 billion in the same investment. Copper prices in the world do not favor – explains interlocutor.

Grazyna Piotrowska – Olive Vice President of Employers of Poland: the cost of investments KGHM

need state support

Maciej Grelowski of the Business Centre Club points out that there are many medium-sized companies that successfully develop abroad in the industries of modern technology even. At the same time adds that our economic diplomacy must do much more to help our entrepreneurs exist abroad.

– Strengthening the role of financial guarantees for Polish entrepreneurs abroad is an important element of systemic support for companies – highlights a guest.

Maciej Grelowski of Business Centre Club: the role of the state in foreign investment

How to invest abroad?

– First, you need to explore the market, and then invest – explains Adam Czerniak of Economics and Policy Analysis Center Insight.

Adam Czerniak of Economics and Policy Analysis Center Insight Direct investments at the end

It is therefore important discovery by the Polish business markets in Asian, African and South American. Help the government support programs What China or Africa Him, but it’s still not enough.

Sylwia Zadrożna, abo