News
Affordable housing discussion on an opportunity for private investment in Prague (updated)
On December 9, the Amcham held a discussion on affordable housing, featuring Prague City Hall Council member and Deputy Mayor for Prague 7 (Praha Sobě) Lenka Burgerová, IPR SDM Section Director Jaromír Hainc, co-Executive Director of The John Marshall Law School Fair Housing Legal Support Center and Fair Housing Legal Clinic professor Michael Seng and Head of Housing Policy Department at the Ministry of Regional Development Marie Mohylová, Deputy Minister for Coordination of EU funds and international relations Section Daniela Grabmüllerová, PasserInvest Business Development Director Eduard Forejt, and Senior Associate at Squire Patton Boggs Lenka Nová.
We discussed how the public administration on both national and regional levels plans to deal with a lack of housing in Prague and rapidly growing prices.
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Deloitte TMT Predictions: AI in a pocket, 5G deployment in companies and autonomous robots
More than 70 million on-device edge artificial intelligence (AI) chips will be sold next year. A new generation of chips will appear in a wider array of devices, from robots to smartphones. Companies will start using fifth generation networks. According to the new predictions, more than 100 will test private 5G networks. Autonomous service robots will generate more than USD 16 billion in revenue. These are some of the conclusions of Deloitte’s Technology, Media & Telecommunications (TMT) Predictions 2020.
Transaction volume in commercial real estate in 2020 will reach in the Czech Republic €3 billion
CBRE, the world leader in real estate services, predicts a positive trend in commercial real estate investments for 2020. Next year investments in hotels will continue to grow, and office buildings will be the most demanded.
Reporting obligation on cross arrangements
Following the OECD’s BEPS project (Base Erosion and Profit Shifting) a new Directive 2011/16/EU on administrative cooperation in the field of taxation – DAC 6 brings a new reporting obligation on cross border arrangements, which fulfil certain criteria.
Strategic Directions for Czech Economic Policy
- 1) Transition to High-Tech Manufacturing
- 2) The City Campus as Idea Factory
- 3) Government Programs That Drive Innovation
- 4) Government as a Competitive Advantage
Advocacy Priorities for 2020-2022
People, Technology, Infrastructure, Cities, Government
2020 Actions Recommended in Areas:
1. Immigration.
2. Adult (post-graduate) Education and Training.
3. Programming as the Required Language.
4. Private Research Investment.
5. Housing Plan.
6. Establishing Policy Objectives for Research.
7. Establishing Databases for Tracking Public Policy Outcomes.
8. Public Procurement as an Innovation Tool.
9. A Government Competitiveness Scorecard.
Policy pipeline
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.
