Smart investments

Investments should not be just about money. Added value comes first.

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Description of the pillar

First and foremost, of course, we would like to increase the volume of investments of domestic companies – provided, however, on condition of the highest added value. So-called smart investments should benefit from the potential of the latest research.

At the same time, we want to support the development of the Industry 4.0 initiative, which aims at modernising industry to the fullest extent possible today. But the pillar is certainly not just about private enterprises – public administration or public contract tenders can also benefit greatly from innovations.

The economic position of the Czech Republic has changed significantly in recent years. We no longer depend on manual production projects based primarily on monotonous activities. The desired investments continue to include creative jobs with higher added value, which will bring us new technologies and know-how, investments in research or investments that will directly boost a specific region. The support for these initiatives is also enshrined in new legislation. We must also take greater care to increase the use of tax deductions. The public investment policy will also take into account solutions enabling the country to adapt to climate change, to address the issue of drought or food security.

Institutional responsibility: MIT/CzechInvest

Managerial responsibility: MIT representative

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