Three Seas House opened in Davos

25 May 2022

Guests of the ongoing World Economic Forum in Davos can visit for the first time the Three Seas Initiative House. The new pavilion shows the importance of the Three Seas Initiative for Central Europe.

The Initiative, which in present shape was born in 2016 facilitates strengthening the connections in the Central Europe region (between the Baltic, Adriatic and Black seas) with the aim of economic development in energy, transport and digital communication sectors. The Three Seas Initiative includes Austria, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Poland, Romania, Slovakia and Slovenia.

In the Three Seas House, participants of the World Economic Forum will learn about the opportunities created by cooperation of the Three seas region for further economic development of Europe. They will also get familiar with the most important challenges.

The economic dimension of the Three Seas Initiative is the Three Seas Initiative Investment Fund, the initiator, co-founder and the main investor of which is BGK (Polish Development Bank). The Fund invests in infrastructural undertakings in the Three Seas region in three sectors:-transport, digital technologies and energy. The financial prospect for the region’s development and the issue of attracting new investors will be the topic of one of the debate in the pavilion in Davos.

-Since the beginning of the outbreak of the war in Ukraine – understanding the importance of the Three Seas Initiative on the world map has increased. Today, nobody has to be explained that. Now, the strategic investments in important sectors (transport, energy or digital infrastructure) are gaining more and more importance. They boost economies of the 3SI countries and strengthen the ties between them. Present geopolitical situation makes us aware how important international initiatives, such as the Three Seas Investment Fund are – says Beata Daszyńska-Muzyczka, President of the Board, BGK.

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About the Three Seas Initiative in Davos

23 January 2026

About the Three Seas Initiative in Davos

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23 January 2026

Polish President Karol Nawrocki emphasized in Davos the strategic importance of the Three Seas Initiative as a key platform for infrastructural, economic, and geopolitical cooperation in Central and Eastern Europe. The opening speech of the panel „Three Seas Initiative: geostrategic business opportunities – a bridge to the future – from the Adriatic, the Baltic, the Black Sea to Asia” took place as part of the Leaders Forum powered by Poland during the World Economic Forum in Davos. Former polish president Andrzej Duda participated as well.

President Nawrocki noted that over the course of a decade the Three Seas Initiative has evolved from a political concept into a mature cooperation mechanism that has tangible impact on the regional development.

“Ten years ago, the Three Seas Initiative began as an idea. Up until today it has evolved into a strategic framework for regional transformation, and alliance of innovation and infrastructure, and a symbol of Central and South-Eastern Europe’s maturity and confidence on the world stage” – told the President.

In his address the President also emphasized the strong transatlantic anchoring of the Three Seas Initiative. He stressed that from the very beginning, the Initiative was conceived as an open project, strengthening cooperation between the European Union and partners outside Europe, particularly the United States. In this context, the Three Seas Initiative was presented as a “bridge” connecting a dynamically developing region with global capital, technology, and markets.

” The Three Seas Initiative has never been an inward-looking project (…) it has been strategically anchored in the transatlantic partnership that unites Europe and North America”.

The President drew attention to the geostrategic dimension of cooperation within the Three Seas region in the face of global challenges such as geopolitical instability, pressure on supply chains, and competition for resources. He pointed out that the development of modern infrastructure and the deepening of economic cooperation constitute the foundation of security and long-term growth.

The speech also had a strong economic dimension. The President of Poland underlined Poland’s ambitions to strengthen its position in the global economy and its aspirations to join the G20, highlighting the growing role of the Three Seas region as one of the engines of growth in Europe. At the same time, he invited international investors to actively participate in projects implemented under the framework of the Initiative.

During the World Economic Forum in Davos, President Karol Nawrocki also met with President of the United States Donald Trump. The main topics of their talks were security and economic issues.

THE PRESIDENT’S SPEECH IS AVAILABLE HERE

Photo credit: © Mikołaj Bujak/KPRP, Source: https://www.prezydent.pl/aktualnosci/wizyty-zagraniczne/prezydent-w-davos-o-inicjatywie-trojmorza,113783