The Czech Republic has attracted a large amount of foreign direct investment (FDI) since 1990, making it

one of the most successful transition countries in terms of FDI per capita. The introduction of investment incentives in 1998 stimulated a massive inflow of foreign direct investment in greenfield and brownfield projects.

The Czech Republic’s accession to the European Union in 2004

further boosted investment.

The Czech Republic’s key

advantages as an investment location include:

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Central location in Europe

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Skilled workforce

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Strongpresence of foreign investors

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High share of secondary and tertiary education

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EU membership

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Favourable labour costs and price stability

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Availability and quality of local suppliers

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Transparent system of investment incentives

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Existing platform for R&D

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Compact and high

–

quality infrastructure

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Mentality, culture and attitudes close to western countries

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Enviable life style