The volume of new investments doubled in comparison with 2010

“Last year CzechInvest mediated a record 233 new foreign and domestic investments in the total amount of CZK 33.67 billion. As a result of this, more than 12,500 new jobs will be created. Firms most frequently selected the South Moravia region for their investments. However, the Ústí region took the largest slice of the investment pie in terms of volume, as it received investments in the total value of 6.21 billion,” says Minister of Industry and Trade Martin Kuba.

According to the latest statistics from CzechInvest, there was a twofold increase in the volume of new investments in the Czech Republic in 2011 as compared with 2010. The number of investment projects was the largest since 1993. Nearly half of these investment projects were focused on the area of IT and software development.

Last year only 56 companies invested in manufacturing projects. The largest share in the number of investments comprised 112 new projects involving business support services, whereas 65 projects were focused on research and development.

“Support from EU structural funds, which has stimulated the willingness to invest in the Czech Republic, will terminate next year and we will again have access to such aid in 2014. In the interim period, it will be necessary to work on maintaining the competitiveness of the Czech Republic,” adds Miroslav Křížek, CEO of CzechInvest.

For more information please contact the CzechInvest Press Centre

Štěpánka Filipová, spokesperson, phone: +420 296 342 538, stepanka.filipova@czechinvest.org

Contact to Ministry of Industry and Trade:

Veronika Forejtová, spokesperson , phone: +420 224 853 291, forejtova@mpo.cz, press@mpo.cz