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Gov’t approves establishment of advantageous industrial zones

Czech government approved on July 8, 2015, the establishment of advantageous industrial zones.

15.07.2015

Prime Minister Bohuslav Sobotka (ČSSD) has stated that the zones will offer investors more attractive forms of support, e.g. the material subsidy of up to CZK 300,000 per job position or a brand new inventive – real estate tax waiver for five years. Czech government has declared the following advantageous zones in the pilot project - Ostrava – Mošnov, Most – Joseph and Holešov. According to Mr. Sobotka, the project may be expanded in the future.