Poland is seeking to reposition its economy through a series of high-value investments and technology transfers from Taiwanese companies, as the government moves to shift away from low-cost manufacturing, reported Bloomberg.

Prime Minister Donald Tusk said Poland would no longer serve as “just an assembly hub”, signalling a strategic push to attract advanced industrial partnerships.

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Among the firms being courted is Foxconn (Hon Hai Precision Industry Co.), which agreed last month to build electric vehicles in the country and is now being considered as a partner in a semiconductor venture, Tusk said.

Deputy Technology and Development Minister Michał Jaros said Foxconn plans to invest more than $1bn in the Polish EV project.

The facility will manufacture cars under a new domestic brand and act as the company’s base for broader European expansion.

“The changing geopolitical situation shows that Europe needs to rebuild its own production capacities in key technologies. The pandemic, the war in Ukraine and trade tensions have highlighted the risks linked to excessive dependence on distant markets,” Jaros told Bloomberg.

The government’s wider ambition is to offer Asian partners a cost-competitive entry point into the EU’s 450-million-person market while upgrading Poland’s own industrial capabilities.

A planned technology park could see members of the Taiwan Electrical and Electronic Manufacturers Association – chaired by Foxconn’s chairman – collectively deploy several billion dollars.

A decision on what will be produced there is expected by late 2026, with options spanning automotive electronics, AI server components, industrial robots, circuit boards and semiconductors.

The park is being considered for Miękinia, roughly 150km from the German border – the same site where Intel had previously intended to build a semiconductor factory before withdrawing from the project.

According to the report, Poland has also stepped back from earlier talks with Chinese automakers, citing concerns over technology access.

To facilitate incoming investment, Poland intends to streamline visa and hiring procedures for skilled workers from Australia, Canada, Japan, South Korea and Taiwan, with a single point of contact managing the process.

Participating firms will additionally gain wider access to grants and tax relief, Jaros said.

Taken together, Jaros described the Taiwanese investments as potentially the “biggest foreign venture in Poland’s history”.