The Czech Republic is one of the most successful CEE countries in terms of attracting foreign direct investment. Over 173,000 Czech firms across all sectors are now supported by foreign capital. According to the Czech National Bank, a total amount of EUR 77.8 billion worth of FDI has been recorded since 1993 (Source: Czech National Bank, 2012).
The introduction of investment incentives in 1998 stimulated a massive inflow of FDI into greenfield projects. The Czech Republic’s accession to the European Union in 2004 and the amendments to the investment-incentives legislation have further boosted investment.
According to an Economist Intelligence Unit database, the Czech Republic has consistently attracted a high rate of foreign direct investment per capita since 2000, which confirms the country’s strong attractiveness for foreign investors.
