The Czech Investment Agency is the investment and business development agency of the Czech Republic. This institution was established in 1992 with the aim of promoting economic growth and creating employment opportunities in the Czech Republic by attracting foreign investment and supporting international activities of Czech companies. CzechInvest provides investors with a wide range of services, including:
Investment information and consulting
Assist in site selection and property acquisition
Obtain financial rewards
Placement services
task
The mission of the Czech Investment Agency is to create a favorable environment for business development and investment in the Czech Republic. The organization aims to achieve this goal by:
Attracting foreign investment
Support Czech companies in conducting international activities
Promoting entrepreneurship
Enhancing Czech economic competitiveness
service
CzechInvest provides investors with a wide range of services, including:
Investment Information and Consultation: CzechInvest provides investors with information on the business environment, investment incentives, and potential investment opportunities in the Czech Republic. The institution also provides consulting services to help investors understand the investment process in the Czech Republic.
Assist in site selection and property purchase: CzechInvest helps investors find suitable locations for their businesses and assists them in purchasing properties. The institution also provides information on infrastructure, labor market, and other factors that may be related to site selection.
Obtaining Financial Incentives: The Czech Investment Authority has the authority to provide investors with a range of financial incentives, such as tax reductions, grants, and subsidized loans. The institution also helps investors access EU structured funds and other financing opportunities.
After sales service: CzechInvest provides continuous support to investors after establishing business in the Czech Republic. This includes helping businesses solve any problems they may encounter and providing information about government projects and services.
Main achievements
The Czech Investment Agency has played an important role in attracting foreign investment to the Czech Republic. In 2022, the Czech Republic attracted a record breaking $36.7 billion in foreign direct investment (FDI). The Czech Investment Agency also helped create over 43000 new jobs in 2022.
Awards and recognition
The work of the Czech Investment Agency has been recognized by many international organizations, including:
World Investment Promotion Agency of the Year (2022)
Best European Investment Promotion Agency of the Year (2020)
Best Practice Partner for Investment Environment Consulting Services (ICS) of the World Bank Group (2021)
Future plans
The Czech Investment Agency is committed to continuing to attract foreign investment to the Czech Republic and supporting Czech companies in carrying out international activities. The institution is taking a series of measures to achieve these goals, including:
Developing new investment clusters
Expand the scope of providing financial incentives to investors
Promoting the Czech Republic as a destination for talent and innovation
Overall, the Czech Investment Agency is a leading investment and business development agency dedicated to promoting economic growth and creating employment opportunities in the Czech Republic. The institution has demonstrated a successful record and is capable of continuing to have a positive impact on the Czech economy.