CzechInvest: Gov’t promised investment incentives totalling CZK 12.5bn

The government has promised investment incentives to 72 investment projects in 2016, based on applications for investment incentives. The spokesperson for governmental business and investment support agency CzechInvest, Petra Menclova, has told CIANEWS that the projects are worth CZK 60bn and investors will be able to draw retrospectively subsidies totalling up to CZK 12.5bn.