The National Reconstruction Plan (KPO) contains no agreements or provisions about Izera, yet funds exist that could support the project, amounting to 5 billion zlotys, according to Katarzyna Pełczyńska-Nałęcz, the minister in charge of Funds and Regional Policy.
There have been no signed contracts and no KPO provisions specifically addressing Izera, the minister stated in an interview. She noted that while the KPO includes a 5 billion zloty pool, those funds could be allocated to Izera only if appropriate conditions are met. The minister referred to the idea of supporting the Polish electric car initiative with KPO money but emphasized that no binding commitments have been made yet.
Funds described by PAP as part of a subsidy component were redirected into a preferential loan arrangement. The key issue is timing: the subsidy funds must be spent by mid-2026, yet the plan’s production line would not be ready by that date, making the original deadline unreasonable. As a result, the project has not progressed to the required stage, according to the minister.
She added that loan-based investments could be undertaken later, provided a contract is signed in 2026 and investments occur in subsequent years. This flexibility explains why the funds were redirected, allowing KPO money to be used for Izera through a different financial pathway.
– the minister explained.
Cooperation with China?
During a Wednesday discussion on TOK FM, Pełczyńska-Nałęcz commented on Izera’s potential partnership with a Chinese investor. Poland remains an attractive partner for the Chinese, she said, but the project must also deliver tangible benefits for Poland. The minister described how the Chinese party may press to secure a deal favorable to them, even dramatizing to push the Polish side toward a decision.
She clarified that the decision to allocate KPO funds to Izera rests with the Ministry of State Assets, which should decide by mid-June of the current year. Investments would then be scheduled in line with strategic priorities and funding availability.
The government’s timing and strategic investment
Parliamentary voices