China’s CEFC invested 22.8 billion in Czech Republic, almost 8.0 billion in pipeline

14-11-2016

Chinese investment group CEFC has so far invested 22.8 billion crowns in the Czech Republic and employs 4,000 people. The final investment should total 30.7 billion crowns and payroll should total 10,000. Those figures were released on Monday, the first of a three-day session of the Czech-Chinese Investment Forum being staged in Prague. CEFC has so far been the highest profile Chinese investor in the Czech Republic with purchases spanning sport, real estate, travel agencies, hotels, and breweries. Chinese investment in the Czech Republic has been under focus after president Miloš Zeman said in March it should total 95 billion crowns this year.