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Ministry thinking about investment incentive limits

20.02.2014

In summer 2014, the rules for investment public support will change.

As ordered by the EU, the support limit will drop to the annual amount of CZK 2.8bn. In 2013, firms were promised to receive CZK 15bn. Although real incentive drawing does not exceed 18% of the amount, the Ministry of Industry (MPO) is negotiating with the EU on possibilities to keep higher incentives. An alternate variant is to divide the existing incentives into three regimes with different targets. According to MPO, the amount distributed among investors could be maintained at the current level.
 

Source: GovDaily.cz (english version)
GovDaily is concentrated news reporting from the world of public administration – examine the sample number and public contracts overview. You can find more detailed information about GovDaily on the web pages www.govdaily.cz where you can also order it. 






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