There are opportunities for the Czech Republic to attract new investors, but members of the Council agreed that more supportive investment climate is needed to take advantage of a changing world and to avoid staying behind, or maybe even getting lost in the middle between developed and developing economies in Europe. Land use reform and construction permitting process, as well as tax reforms are needed. 

 

"The AmCham Real Estate Council advocates for reforms in land use planning, permitting processes and economic tax laws to empower and incentivize local, regional and national authorities to attract and accommodate investments that will support the much desired transition to a more innovative and greener Czech economy to avoid getting lost in the middle between more developed and developing economies in Europe and in the world," commented Bert Hesselink, Group Client Director at CTP, Chair of the AmCham Real Estate Council. 

 

The group also discussed planned events. For more details and information on how to join the Council activities, contact Katarina Bendikova at kbendikova@amcham.cz.