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Why Invest in Slovakia
Slovakia provides to potential foreign investors and business
partners ideal investment opportunities due to its political
and economic STABILITY yet offers the benefits of NEWLY OPENED
MARKETS.
!!! Tax Incentives: Slovak government is currently in
the process of decreasing the corporate tax to 19% - the lowest
in the region!!!
1/ Stategic location:
- In the center of the center or Europe
- Between the East (Ukraine) and West (Austria)
- Bratislava, the capital, is 45 minutes drive from Vienna
(Austria), 1.5 hours from Budapest (Hungary) and 3.5 hours
from Prague
- About 350 million people live within a day's drive from
Slovakia
- The rail and road infrastructure is comparable to the most
developed countries in the region.
- Bratislava has a port on Danube river and an international
airport.
2/ Enormous Workforce Value
- High quality (Slovak eighth-graders ranked 8th in the world
in math and 10th in science)
- Readily available (Unemployment of 19% [May 2002])
- Inexpensive (Avg. salary of $277/month [May 2002])
3/ Political Stability
- Slovak people voted for essentially the same, pro-reform
oriented government in the last elections (September 2002)
- Slovakia will join the EU and NATO in 2004
4/ Positive Economic Outlook
- Ratings' firms substantially improved
- Bank's interest rates have been brought down close to developed
Western markets
- By May 2002, Slovakia had only 28% of the Czech Republic's
FDI per capita and only 36% of Hungary's.
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