CzechInvest attracts 60 new projects in first half


Czech Invest, the government agency founded to support direct investment in the Czech Republic, attracted 60 new projects worth a total of CZK 27 bn in the first half of this year.

The number of projects mediated by CzechInvest was double that in the same period in 2003. The volume of investments realised by foreign, as well as domestic, investors grew by over CZK 3.5 bn on a year-on-year basis.

CzechInvest has, to date, attracted 300 investment projects worth a total of over CZK 325 bn.

As in the past, most investors are German (13 projects), while Czech-based firms have applied for the same number of projects, followed by US firms (11 projects).

German firms have invested the most (26 %), followed by Japanese firms (21%). Czech firms come fourth with 11 %. In addition to the automotive sector (47%) and electronics (18 %), sectors like microelectronics and biotechnologies are becoming increasingly popular.



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