Czech Republic

Situated halfway between the German border and the capital city of Prague, Plzeň’s prime location in the western Czech Republic confers several key advantages to investors. The city is positioned on the D5 motorway linking Prague to Germany as well as the E49 carrying passengers from Germany through Austria. Just an hour from Prague, it’s the fourth largest city in the country, with approximately 175,000 inhabitants.   Although the city is perhaps best known for its famous local beer, Plzeň boasts a strong manufacturing industry, two universities producing graduates with highly competent technical skills—including the University of Western Bohemia, home to three research centres—and the home of automotive leader Škoda Transportation. In recent years, Plzeň has attracted a high level of FDI and received top rankings in fDi Magazine for its investment strategy.   Located near Plzeň’s city centre, CTPark Plzeň provides onsite public transport links and prime access to the E50/D5 motorway westward to Prague and Germany.   Reasons to believe:

Just 15 kilometres from the Polish border, the Czech city of Ostrava offers investors a prime location from which to reach the Polish and Slovak markets as well as a vast network of consumers in Europe’s east, west, and south. Travellers also cross through this advantageously located city of nearly 300,000 via key transport routes between the Baltic and Adriatic seas. Dense railway networks with direct links to the Leoš Janáček Airport make transport in and out of the city exceptionally simple.   In addition to its prime location, the capital of the Moravia-Silesia region boasts prime opportunities for growth at relatively low cost. Home to three accredited universities, Ostrava offers a highly educated, multilingual workforce and a culture of research and innovation. The Czech Republic ranks amongst the safest, most politically stable countries in the world and continues to attract foreign investors with tax incentives and favourable business conditions.   The CTPark network includes three parks in the Ostrava region: CTParks Ostrava and Ostrava Poruba, 10 and 17 kilometres from the city centre, respectively, and CTPark Nový Jičín, near Leoš Janáček Airport on the E642 roadway. The A-class office park IQ Ostrava brings 24,000sqm of energy-efficient office space to the city’s downtown.   Reasons to believe:

The historic capital of the Moravian region, Brno is the cultural and economic heart of the Czech Republic’s east. And with good reason: the city’s enviable location, coupled with local business incentives and an affordable cost of living, makes it increasingly attractive to Czechs and foreigners alike. The city lies at the intersection of the D1 and D2 highways and the Srvatka and Svitava rivers, with convenient transport links to major cities such as Vienna, Budapest, and Bratislava, all of which fall within a 200-kilometre radius.   While the Czech capital, Prague, receives the lion’s share of international attention, Brno has quietly established itself as a major economic player. The city’s 13 universities account for some of its diversity—some 30,000 foreigners from 150 countries call it home—and furnish growing businesses with an educated, highly skilled work force. The “Czech Silicon Valley” is also a growing hub for research and technology. What’s more, Brno’s famous trade fairs regularly attract business leaders and entrepreneurs from across Central Europe. Some 55.7 billion CZK in FDI flowed into the city in 2017, making it the country’s second-most attractive target for foreign investors after the capital.   CTP has a very strong presence in Brno and the South Moravian region, including six industrial parks around Brno (Brno, Brno South, Modřice, Blučina, Holubice, and the inner-city industrial park Brno Líšeň) and three modern office parks in the city centre (Vlněna, Ponávka and Spielberk).   Reasons to believe:

The Czech Republic’s capital is also its most important economic centre. Thanks to its central position both within the country and in Central Europe, the city serves as a key European transport hub, attracting developers of industrial real estate and various manufacturing and logistics companies.   With a population of 1.3 million, Prague boasts a highly educated, multilingual workforce and a relatively low cost of living. The Czech Republic ranks amongst the safest, most politically stable countries in the world, with exceptional credit ratings from Moody’s, Standard and Poor’s, and Fitch. Successful foreign direct investments, high employee retention rates, and consistent developments in local infrastructure all point to a positive forecast for future investments in the capital.   The development of high-tech sector in Prague has been growing over the past years. In 2019, Prague registered 10.3% of people employed in high-tech sector which is the highest share of high-tech sector employment among all EU27 regions. In total numbers this share represents 710,000 people employed in technology and knowledge-intensive sectors in Prague.   Prague’s transport routes offer prime locations for warehouse rental and industrial construction. The city has the largest logistics market in the country, offering modern storage areas exceeding 3.2 million m2, almost 40% of the total supply in the Czech Republic. The CTPark network provides A-Class spaces concentrated along major transport routes like the D1 highway (CTPark Prague East), D8 (CTPark Prague North), and D5, connecting Prague to the German market (CTPark Prague West) and the international airport (CTPark Prague Airport).   Reasons to believe: