A new investment vehicle established by the Czech government, focusing on preparing investment-ready sites and fostering international partnerships, aims to serve as a strategic partner for foreign companies considering expansion into Central Europe.SIRS is designed to develop strategic business parks for high-value-added foreign direct investment and strategic expansions. Executive summaryThe Czech government approved the establishment of the State Investment and Development Company (Státní investicní a rozvojová spolecnost, abbreviated "SIRS") in early 2024 to prepare certain industrial sites for large strategic investments.SIRS is aimed at ensuring the provision of complete infrastructure, including surrounding areas and communities, covering education to civic amenities, within...