CzechInvest
From Wikipedia, the free encyclopedia
CzechInvest was established in 1992 by the Ministry of Industry and Trade as the Investment and Business Development Agency of the Czech Republic. The agency contributes to attracting foreign direct investment and developing domestic companies through its services and development programmes. CzechInvest also promotes the Czech Republic abroad and acts as an intermediary between the EU and small and medium-sized enterprises in implementing Structural funds in the Czech Republic.
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[edit] Mission
CzechInvest's main objective is to advise and support existing and new entrepreneurs and foreign investors in the Czech Republic.
The Czech Republic under the leadership of CzechInvest[1] has as of 2008 attracted foreign direct investment worth more than USD 22 billion. The country is recognized as one of the most successful states in terms of luring investment. The latest Ernst & Young Attractivenes survey[2] denotes the Czech Republic as the tenth most attractive country for future foreign direct investment in the world.
[edit] Activities
CzechInvest is exclusively authorized to file applications for investment incentives at the competent governing bodies and prepares draft offers to grant investment incentives. The agency also administers all of the business related and many of science related Structural funds for the Czech Republic. Its task is also to provide potential investors current data and information on business climate, investment environment and investment opportunities in the Czech Republic.
CzechInvest provides all its services free of charge. Activities include:
- comprehensive services for investors
- full information assistance
- handling of investment incentives
- business properties identification
- supplier identification
- aftercare services
- business infrastructure development
- access to structural funds
[edit] Locations abroad
CzechInvest has 9 foreign offices located in:
- Brussels, Belgium, for Benelux
- London, England, for United Kingdom and Ireland
- Paris, France, for France
- Hong Kong for Southeast Asia
- Yokohama, Japan, for Japan
- Munich, Germany, for Germany
- Cologne, German, for Germany
- Chicago, United States, for United states
- Brussels, Belgium, for European Affairs
The agency also has its office in every regional capital of the Czech Republic
[edit] References
- ^ Lezard, Ashleigh. Enthusiastic approach places Czech agency in pole position (Web article). Foreign Direct Investment. Retrieved on 2008-01-03.
- ^ Attractiveness survey (Pdf download brochure). Ernst & Young. Retrieved on 2008-01-03.
[edit] External links
- CzechInvest official site
- Investment projects mediated by CzechInvest (Excel table)
