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MDLIAN 0431

4.

KOSTECKI SAID THAT FOLLOWING DISCUSSIONS WITH THE DEPUTY MINISTERS OF FOREIGN AFFAIRS (KRZYMINSKI AND MAJEWSKI) AND LABOUR (SZRETER) AND THE HEAD OF THE FOREIGN INVESTMENT AGENCY (PIETROWSKI), HE EXPECTED THE POLISH GOVERNMENT TO REACH A DECISION SOON TO THE EFFECT THAT INVESTORS FROM HONG KONG CAND OTHER PACIFIC RIM COUNTRIES: TAIWAN WAS A MAJOR TARGET) WILLING TO BRING IN A MINIMUM SUM OF MONEY (PROBABLY USD 100,000) WOULD BE ALLOWED TO SETTLE IN POLAND. KOSTECKI ADDED THAT THOSE WHO DID NOT MEET THE MINIMUM INVESTMENT TARGET COULD STILL COME IF THEY BOUGHT PROPERTY AND OBTAINED PERMANENT RESIDENCE STATUS FROM LOCAL AUTHORITIES. KOSTECKI HOPED TO HAVE ONE OF HIS COMPANIES, HOPCON INTERNATIONAL, RECOGNISED AS THE AGENCY FOR ATTRACTING INVESTORS.

5.

WE SHALL SEEK CONFIRMATION FROM RELEVANT POLISH OFFICIALS OF THE GOVERNMENT'S PLANS FOR ATTRACTING INVESTORS/SETTLERS FROM HONG KONG AND ELSEWHERE. MEANWHILE IT WOULD BE HELPFUL T RECEIVE THE MATERIAL ON THE HONG KONG HOUSING AGENCY BEFORE KOSTECKI LEAVES POLAND AT THE END OF THIS MONTH. THE MATERIAL COULD WELL BE OF INTEREST TO THE MINISTRY OF CONSTRUCTION AS WELL AS TO KOSTECKI.

WETHERELL

YYYY

MAIN

39

LIMITED

HKD

NAD

EED

JAU/EED

ADDITIONAL

1

BRITISH COUNCIL

NNNN

DISTRIBUTION

40

PS LORD CAITHNESS

MR MCLAREN

MR BURNS

MR BEAMISH

MR TAIT

2

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