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ARTICLE · 08 JANUARY 1997

Organisation & Services

Czech RepublicStrategy
CzechInvest was established by the Minister of Industry and Trade in November 1992. As the country's agency for attracting foreign investment, CzechInvest aims to attract foreign investments that increase capital formation and bring value-added benefits to ensure the momentum created by privatisation is sustained. CzechInvest liaises closely with other government departments and regions to provide decision-makers with quality data for accurate investment appraisal, and can refer customers whose needs are outside the scope of CzechInvest to relevant associations and organisations. The agency was created with the express purpose of assisting foreign investors to establish their operations as quickly and as painlessly as possible in the Czech Republic. Such assistance can bring welcome relief to already over-burdened managers seeking to establish a presence in the CR and, in saving valuable executive time, CzechInvest's assistance equates to a monetary value for the companies that

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