The multinational microchip producer Intel has announced its intention to build a cutting-edge semiconductor factory in Poland, marking the country’s largest foreign direct investment to date, with the estimated investment for this project amounting to approximately $4.6 billion.
According to Krzysztof Michalski, vice president of the Industrial Development Agency, the project has immense potential to revolutionize the Polish economy and represents a milestone in the nation’s industrial history.
The Intel Semiconductor Integration and Testing Plant, the official name of the planned microchip factory, will not only be the largest investment in the high-tech industry in Poland but also in Central and Eastern Europe. It will be located in Miękinia near Wrocław, southwestern Poland, on an area of almost 300 hectares.
The plant itself will employ over 2,000 workers, mainly highly skilled specialists and engineers. In total, it will generate at least 10,000 new jobs.
Intel Corporation is one of the world’s leading manufacturers in the semiconductor industry. Processors produced using its technology are essential for the production of electronic devices in all sectors, from basic home appliances to the most advanced computers.
The investment by Intel will increase the resilience of supply chains for products that are strategically important for the economy. The European Union intends to increase its share in global semiconductor production to 20 percent by the end of 2030.