IntroductionThis report will examine aspects of the Polish economy and its attractiveness for foreign investment. I will use a PEST analysis along with examples to illustrate why businesses are moving to Poland and the benefits they gain. Poland joined the European Union (EU) in 2004 after going through the transition from communism to a market economy. It has several major industries, including agriculture, heavy industry such as coal mining and iron and steel working, and the production of other consumer goods. PESTPoliticsPoland is a parliamentary republic composed of two houses, the Sejm or lower house containing 460 members and the Senate. or Upper House containing 100 members. The Polish government is taking several steps to improve not only the Polish economy, but also the quality of life of its citizens. Some of the areas in which Poles lag behind most other EU member countries are social services such as healthcare and education as well as transport including roads and railways. iron. They are, however, aware of these shortcomings and plans are in place or in preparation to help alleviate these problems. One of the ways the government is seeking to address some of the issues facing the public sector is to build a partnership between the private sector and the public sector. public sector where the private sector builds large-scale assets such as schools and hospitals in which it leases them to the public sector for a period of up to 30 years. This has proven effective in the UK and Poland has several major projects ranging from housing to railways and hospitals that it wants to reform in this way. One of the benefits that the Polish government has announced since joining the EU to encourage foreign investment is to offer benefits such as low corporate tax rates as low as 19% and, in some cases, in certain special economic zones, an exemption from income tax and an exemption from property tax. in Eastern Europe. In 2007, Poland experienced a rapid annual growth rate of 6.5% with an industrial growth rate of 10%. According to the National Bank of Poland, this GDP growth rate is due to investment and consumption..