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ING’s Transport and Logistics sector outlook
- An uneven recovery following an extraordinary downturn
- Europe lags in 2021 after a larger downturn
- Passenger transport suffering more than goods transport
- Recovery in aviation and public transport will take several years
- Goods show the way to recovery as upward trend in world trade remains
- Trade tariffs and higher freight costs weigh on trade recovery
- Pandemic to boosts e-logistics and create buffer stocks in 2021 and beyond
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AmCham Annual Commercial Real Estate Overview: Domestic demand is necessary for the economy to pick up and behavior of consumers is crucial for all sectors. Will the investment and spending rebound?
On March 24, AmCham Real Estate Council met for an annual commercial real estate market update, moderated by Jan Adámek of JAN Hospitality, covering the office, retail and industrial sectors. Experts from JLL (Blanka Vačkova, Mike Atwell, Tomáš Soukup), 108 Agency (Petr Florián) and BNP Paribas (Dušan Drábek, Kamila Breen) outlined most recent data and trends. The traditionally strong demand for office space has weakened, the pandemic-hit demand for retail space and hotels has not recovered, and the demand for „beds and sheds“ (residential and industrial real estate) has been on the rise. Prime yields from real estate assets have decreased across Europe, but the market could recover from 2022.
Prague will need a longer time to recover and government support, including vaccination, is crucial. Domestic demand is necessary for the economy to pick up and behavior of consumers is crucial for all sectors. Will the investment and spending rebound?
AmCham Letter to the Government on National Recovery Plan Priorities
We appreciate the opportunity to comment on the Czech National Recovery plan. Our comments are based on our chamber’s purpose to support the growth of Czech and American economic relationship and our goal to make the Czech Republic a top ten economy in the EU. We will therefore focus on areas of the recovery plan in which American business can contribute and which will increase the country’s innovative potential (the primary source of economic growth).
U.S. Chamber of Commerce Releases New Transatlantic Economy 2021 Report
Yesterday, the U.S. Chamber of Commerce released annual survey of the jobs, investment, and trade links between the United States and Europe -- The Transatlantic Economy 2021 – in partnership with AmCham EU. This year’s report confirms that the U.S. and Europe remain each other’s most important economic partners despite political turbulence and the COVID-19-induced recession.
Strategic Directions for Czech Economic Policy
- Transition to High-Tech Manufacturing and Exports
- The City Campus as Idea Factory
- Government Programs and Processes That Drive Innovation
- Government as a Competitive Advantage, including Digitization
Advocacy Priorities for 2023
Technology, People, Infrastructure
Actions Recommended in Areas:
1. Establishing Policy Objectives for Research.
2. Research Investment and Cooperation. Big Bets (Key Technology Projects).
3. Establishing Databases for Tracking Public Policy Outcomes.
4. Public Procurement as an Innovation Tool.
5. Immigration of STEM Talents.
6. Digitization of Immigration.
7. Adult Reskilling and Upskilling.
8. Digitization of Land Use.
9. Infrastructure Development, including Technology Parks.
Read the documents in English and Czech.
Policy pipeline
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.
