Intel is investing in Poland: Tech giant to build semiconductor assembly plant near Wroclaw
Wroclaw, Poland – US tech giant Intel has announced plans to invest up to USD 4.6 billion (PLN 18.7 billion) in a new semiconductor assembly and testing plant near Wroclaw, which could significantly strengthen Poland’s position in the global chip supply chain.
The investment, the largest in Poland’s history, is expected to create around 2,000 jobs. The new fab will be part of a pan-European effort to develop semiconductor production within the bloc and reduce dependence on Asian manufacturers.
Key points of the investment
- Location: The plant will be located in the Mienkynia Commune, near Wroclaw, in southwestern Poland.
- Investment: Intel plans to invest up to $4.6 billion in the project.
- Jobs: The new plant is expected to create about 2,000 jobs.
- Purpose: The plant will specialize in the assembly and testing of semiconductor chips.
- Significance: This investment marks the largest foreign direct investment in Poland’s history and is an important step towards establishing Poland as a key player in the European semiconductor industry.
Benefits for Poland
Intel’s investment is expected to bring several benefits to Poland, including- Economic growth: The project is expected to bring significant economic benefits to Poland by attracting further investment and creating new jobs.
- Technological progress: The presence of a large semiconductor production plant will stimulate research and development in related industries, which will contribute to technological progress in the country.
- Integration into the supply chain: Poland’s integration into the European chip supply chain will increase its overall economic competitiveness.
