Don't let the reds mess it up
2005-12-06
Central Europeans are pulling in foreign investment faster than
anyone except the Chinese, according to Business Week. The CR
is in second place in the region, having attracted $41.7bn in
investment from 1989 to 2004. (Poland is first, at $57.4bn.)
Stephen McGuckin of DHL said the CR has become even more
desirable since the company decided in 2003 to set up an IT
center in Prague. "Let's not kid ourselves," Farm Minister Jan
Mládek told LN, "the CR's prosperity is built on the presence of
multinationals." Any increased collaboration with the
Communists, he said, should be contingent on their not casting
doubt on the policies toward inward investment. Czechs have
never had it so good, thanks to robust growth and rising wages.
Surely Jiøí Paroubek, who is edging toward the Communists,
wouldn't risk reversing the trend that his party set in motion. Or
would he?
[Czech Republic China Lidové noviny Agriculture Communist
Party KSÈM foreign direct investment FDI]
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