location, relocation, expansion, portal

Key Competitive Attractions

CzechInvest is the Investment and Business Development Agency of the Czech Republic, which aims to provide advice and support for expanding, relocating or start-up businesses in the country.

Occupying a strategic geographical position in Central Europe, the Czech Republic is a popular choice for foreign direct investments in transport and logistics, due to its proximity to major production zones and consumer reach.

Key advantages:

• The Czech economy has received over $80 billion in FDI since 1993
• More than 130,000 Czech companies are supported by foreign capital
• Some of Europe’s most advanced communications networks
• Central position in Europe, making it a natural crossroads between several European economies.
• Among the most advanced countries in the world for transport-network density
• Excellent investment opportunities in logistics and transit activities
• Ruzyne Airport in Prague ranks among the busiest airports in Europe. It serves flights to all major European and world cities, carries around 11.6 million passengers each year, and was crowned ‘Best Airport in Central and Eastern Europe’ by Skytrax in 2005 and 2007.
• Vast workforce of technically educated graduates
• Lower labour costs than the western markets
• 1/3 of students in the Czech republic study economics, ICT or finance
• Approximately 80% of Czechs are bilingual (Eurobarometer survey)
• Available office space in Prague increases by between 160,000 and 200,000 sq m every year.
• Noteable strengths in science and engineering, with excellence in general educational standards.
• Major commercial developments in Brno, Ostrava and Plzen will provide an almost inexhaustible supply of office space.
• CzechInvest manages various business properties and has created a government programme to support the development of industrial zones and premises. thereby increasing the production capacity for potential investors.
• CzechInvest manages a comprehensive database of business properties and supports the regeneration of brownfield sites.