Oil And Gas 2005 Investments
October 29th, 2006
Question: What does this mean? Homework help?
Poland’s dynamic economy and its accession to the EU in 2004 have created opportunities for the Canadian private sector. Priority sectors of opportunity include a wide range of infrastructure projects in the transportation and oil and gas sectors, aerospace, environmental products, science and technology (information technology and telecommunications), and defence and security products. Canadian investment in Poland was $237 million in 2005.
i got it on wikepeida and im planning to turn it into my own words but i dont know how and what it means :S
Answer: It means that by Poland joining the European Union, they began to use the same currency or money as other countries, which grew their economy. The Euro is probably much stronger than Poland’s initial money. The growth in Poland was due to the strengthening of their economy by joining in the EU. Canada was smart to invest in these new projects in Poland because the Polish money is now strengtheneded or backed by the European Union (a group of European countries that share a currency). Infrastructure-projects like creating roadways, electricity or other utilities, environmental strides like water and sewage treatment plants all had to be built. Canadian investors were just looking for a stable economy in Poland guaranteed now by their participation in the EU.
Shell companies in Nigeria: the Gbaran Ubie integrated oil and gas project
Posted in 
Tags: