LONDON, Nov. 1, 2017 /PRNewswire/ --
WHEN: |
09 November 2017, 1pm GMT/2pm CET |
WHERE: |
Please click here to register your complimentary participation or email kristina.menzefricke@frost.com |
SPEAKERS: |
Neha Anna Thomas, Senior Research Analyst, Emerging Market Innovation (EMI), Frost & Sullivan; Martin Partl, Ph.D., Business Development Director, CzechInvest |
The Czech Republic ranks among the leading Central and Eastern European countries with regards to foreign direct investment (FDI) attractiveness, buoyed by investor benefits, including access to the EU single market and an educated workforce at a reasonable cost.
Moreover, investors can also be assured of the country's economic stability, as evidenced by factors such as robust GDP growth, a sound fiscal position, and a low unemployment rate.
The Czech Republic is recognised for its optimal business environment that responds to the needs of a knowledge-based and innovation-driven economy. Martin Partl, Business Development Director at CzechInvest, explained: "Record flows of FDI, European dominance in computer production, a complete automotive supply chain, a track record in supporting global ICT operations, burgeoning growth of Czech suppliers, and the shift away from labour cost-sensitive investments to high-value added activities and extensive R&D, will emerge as the pillars that sustain the Czech Republic's growth and drive international competitiveness."
In addition to the ongoing transition towards high-value activities, the country is also driving several initiatives to support greater digitisation across the economy, including the National Initiative Industry 4.0, Digital Czech Republic v. 2.0, the updated state policy on electronic communications, and the National Plan for the Development of Next Generation Networks (NGNs).
Neha Anna Thomas, Senior Research Analyst at Frost & Sullivan highlighted: "While there could be some delays in the achievement of targets of the national plan concerning NGNs, this initiative should help drive economic growth and close the high-speed internet access gap between urban and rural areas.''
Expert Insights You Will Not Want to Miss:
To register your attendance or receive a link to the recording, please click here or email Kristina Menzefricke, Corporate Communications, at kristina.menzefricke@frost.com
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Contact
Kristina Menzefricke
Corporate Communications - Frost & Sullivan, Europe
P: +44 (0)208 996 8589
E: kristina.menzefricke@frost.com
http://ww2.frost.com