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27 February 2026

Czech Republic's SIRS has prepared locations for investment projects

  • The State Investment and Development Company (SIRS) has prepared several strategic sites for investment projects in the Czech Republic, effective immediately, primarily in the Karlovy Vary, Ústí nad Labem, and Moravian-Silesian regions.
  • SIRS aims to attract high-value foreign direct investment by developing custom-made business parks with secure infrastructure and options for managed facilities, promoting sustainable and community-connected projects.
  • Key prepared sites include the Strategic Business Park Lazy (50 hectares), Strategic Business Park Dolní Lutyne (210 hectares), and Strategic Business Park Cheb (120 hectares).
  • Multinational companies interested in these investment opportunities should engage with experienced advisors to navigate discussions with the Czech government and help ensure a successful investment process.
 

Executive summary

The State Investment and Development Company (Státní investicní a rozvojová spolecnost, abbreviated "SIRS"), which was established in 2024 under the Ministry of Industry and Trade, has prepared several sites for strategic investment projects, primarily in the Karlovy Vary, Ústí nad Labem, and Moravian-Silesian regions, that are now ready for investors considering expansion into Central Europe.

SIRS is designed to develop strategic business parks for high-value-added foreign direct investment and strategic expansions. (For background, see Czech Republic introduces State Investment and Development Company (SIRS), dated 19 November 2024.)

Purpose and mission

SIRS works in close cooperation with the Ministry of Industry and Trade and CzechInvest, helping to provide a coordinated approach to the development of investment projects. It also collaborates with other key institutions to foster regional synergies and support the effective growth of infrastructure and business ecosystems across the country.

For investors, SIRS promotes substantial added value, including the development of custom-made business parks, secure infrastructure and options for partially or fully managed facilities. The SIRS website describes the projects as implemented sustainably, connected to local communities and complemented by compensatory measures and civic amenities, ensuring long-term attractiveness, functionality and positive regional impact.

Major projects

Major prepared sites include:

  • Strategic Business Park Lazy (near Ostrava, Moravian-Silesian region): 50 hectares with direct motorway and railway connections
  • Strategic Business Park Dolní Lutyne (near Ostrava, Moravian-Silesian region): 210 hectares with robust technical infrastructure and direct road and rail connections
  • Strategic Business Park Cheb (Karlovy Vary region): 120 hectares located in close proximity to the German border

Future projects

Additional areas are under development or internal due diligence (e.g., Staríc, Severní lom, Ústí nad Labem, Milovice, Nymburk and Letnany in Prague).

Implications

Multinational entities that are considering participating in these SIRS projects should consult with knowledgeable advisors that are well positioned to help navigate discussions with the Czech government, as well as provide necessary support and insights to investing in the Czech Republic.

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Contact Information

For additional information concerning this Alert, please contact:

Ernst & Young, s.r.o.

Published by NTD’s Tax Technical Knowledge Services group; Carolyn Wright, legal editor

Document ID: 2026-0531

 
 

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