Czech News - August 1998 - New Investment Incentives

According to Pavel Mertlik, the support of foreign direct investments will represent one of the priorities of the new Government. The new cabinet plans to introduce new investment incentives so that the Czech Republic is competitive with other countries. The threshold for qualifying for such incentives should amount to USD 10 million. Better conditions for foreign investors are, according to Pavel Mertlik, the keystone for starting economic growth.

The new Government also plans to support public programmes for transportation and housing.

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