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Czech Republic – Prolific Manufacturing Destination

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Czech Republic – Prolific Manufacturing Destination
The Czech Republic is known more for its castles, but it is also becoming a popular manufacturing destination, especially in Eastern Europe. The automotive industry is the most dominant sector in the Czech Republic, contributing 59.7% to the country’s GDP. One of the key reasons for the growth of the manufacturing sector is the availability of skilled and educated laborers.

In addition to its abundance of human resources, the Czech Republic's well-structured geography also attracts significant Foreign Direct Investment (FDI) into its manufacturing sector. The Czech Republic shares borders with Germany, Austria, Slovakia, and Poland, which are among the world's leading automotive markets.
Posted on 07/01/22

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