The fifth edition of the Business Guidebook: Czech Republic – The Country for Investment in Challenging Times was recently issued by The Association for Foreign Investment (AFI). This guidebook provides comprehensive information about investing in the Czech Republic for incoming and existing businesses. The authors of the individual articles are leading experts in their respective fields. This publication aims to introduce the Czech Republic as a destination that provides the ideal mix of a good return on investment, reasonable costs, strong ideas, the potential for future development, superb human capital and an enthusiastic working environment. All that even in times of major changes and economic challenges connected to the COVID-19 pandemic.
“Our well-educated people, institutional and political stability, excellent access to major European markets, safe environment and high quality of living – none of that has disappeared, nor will any of it disappear any time soon. All of these factors will still be here to ensure a stable return on your existing or future investment, which is something that you may not see in many other countries. Also, at this time of expected deglobalisation of supply chains, the Czech Republic ticks all of the boxes as a target for new investment within the EU.”Kamil Blažek, Chairman, Association for Foreign Investment
Moreover, the guidebook highlights Prague as a unique location that combines a sense of culture and tradition with a well-developed private sector, a highly-skilled workforce and innovation potential, as well as an enticing atmosphere and great conditions for expats. The fact that the European Union is one of the largest markets in the world undoubtedly makes Prague the top choice for investors who want to conveniently access the European market or further develop their business in Europe. These factors have made Prague a popular location for the regional headquarters of major multinationals such as Tesco, Ness Technologies and Bell Helicopters. Furthermore, Prague ranks among the top 25 European regions of the future according to fDi Intelligence magazine.