The Singapore Business Federation (SBF), together with CzechInvest is pleased to present the Seminar on Business Opportunities in Czech Republic & Networking Session 2010.

The Czech Republic is considered one of the most dynamic and industralised countries in Central Europe, thanks to its advantageous geographical position, liberal regime for foreign capital, and highly skilled workforce. Inflows of foreign direct investment were roughly US$10.73 billion in 2008. Trade between Singapore and the Czech Republic reached SGD 963.2 million in 2008, which is a 44.8% increase in trade value from 2007. Czech Republic is ranked as Singapore's 58th largest trading partner in 2008 with the balance of trade in Singapore’s favor. With the population’s growing affluence and buying power, together with the economy’s development, it is not surprising that the country is earmarked as one of the four central European countries for focus and one of the most popular countries for foreign investments before the recent economic crisis. Some of the companies who have successfully established their presence there are Flextronics International Ltd, System Access Ltd and Amtek Engineering Ltd.

The seminar aims to highlight the latest economic developments and investment opportunities in Czech Republic especially in key sectors of focus like High-tech Manufacturing, R&D, Aerospace, Electronics, Biotechnology, Tourism, Logistics, ICT, and Trading. Companies are encouraged to attend the seminar to gain useful insights on the regulatory aspects and practical know-how of doing business in Czech Republic and to establish useful contacts with government officials.