Overview of best prospect sectors, major infrastructure projects, significant government procurements and business opportunities.
Demand in the Czech market goes beyond the few best prospect sectors that this report covers. The current government under Prime Minister Petr Fiala has shown commitment to major projects including significant defense procurements as well as solid movement towards a new nuclear power plant at Dukovany, while moving 5G forward and pushing for healthcare reforms. The government also promised the development and modernization of transport infrastructure. The state transport infrastructure fund can count on a record budget of 150 billion crowns next year, even during the current energy crisis, when the government intends to spend considerable funds to support households and the business sector. The Czech Republic is not the ideal destination for new-to-export companies, but as an EU member and a place where English is widely understood in the business community, it is an excellent choice for experienced exporters, especially those who seek new opportunities outside of Western Europe.