News
New developments in investment incentive legislation
The senate has approved an amendment to the Investment Incentives Act that should simplify and speed up the investment incentive approval process. A related government decree that changes the permissible level of public aid in the regions of cohesion in the Czech Republic from 2024 was published in the Collection of Laws at the end of November. We provide details below.
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CTP leases so far over 400,000 sqm of logistics space in Czech Republic in 2023
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has so far concluded lease deals with a total area of over 400,000 sqm for space in industrial properties in the Czech Republic in 2023, including more than 10 lease contracts for premises larger than 10,000 sqm.
The largest transaction was a contract to renew the lease of almost 54,000 sqm of space in CTPark Bor. The developer continues to build new industrial space across the Czech Republic and is confident that the Czech industrial property market will continue to grow.
Lufthansa Group tests Green Fares on intercontinental routes
- Fares available on selected long-haul flights from November 30
- Lufthansa Group continues to expand its offering for more sustainable travel
- Growing demand for Green Fares with already more than half a million guests
Czechia: Key concepts in the new Building Act with relevance for the permitting process
After many years, the professional community may finally look forward to the (staggered) entry into force of key parts of the all-new Building Act (Act No. 283/2021 Coll.). What are they, and how do they impact the permitting process?
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.
