“We expect an increase in both private and public investment. We think so this investment boom may start as early as the fourth quarter of this year. It is, of course, related to the inflow of funds from the KPO,” Kotłowski said.
“Companies are generally rather optimistic, according to the economic situation or our research. When it comes to investments, the indicators are above the long-term average,” he added.
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According to NBP estimates There is still approximately PLN 66 billion left to be used next year from the KPO. Of this, almost PLN 28 billion was spent on public investments.
“The amount is gigantic. In the projection, we assumed the use of all these funds. We have time until the end of (…) 2026. However, in the case of some individual elements, it can be postponed until 2033, e.g. hydrogen investments. However, next year the dynamics of public investments may amount to approximately 20%. (…) The year 2027 may be weaker in this respect, which will, of course, result from the base effect. High use in 2026 will translate into lower dynamics in 2027,” Kotłowski said.
KPO, but not only
“But let us remember that EU funds are constantly flowing from other programs. This is the Cohesion Program, this is the new EU perspective, which is also constantly developing. Also 2027 is actually weaker, but after that it should be a little better“- he added.
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According to NBP estimates, approximately 30 percent of the KPO funds were spent. funds, and for over 70 percent contracts have already been signed.
“If contracts are signed, we assume that this will be used in the future. This is the factor that will shape our growthbecause of which we have postponed the peak of economic growth to next year,” Kotłowski pointed out.
