ECONOMY Czech PM Fiala to discuss gigafactory with Volkswagen CEO today
Prime Minister Petr Fiala is scheduled to meet with Volkswagen CEO Oliver Blum to discuss the potential location of a battery factory for electric cars, often referred to as a "gigafactory," in Pilsen. Negotiations have been ongoing, and Fiala emphasized the need to reach a decision soon. Volkswagen has delayed its choice due to potential increased environmental investment support from the EU. The Czech Republic has been negotiating with Volkswagen for the use of the army airport area in Líny near Pilsen.
Fiala noted that the Czech government has incurred political and economic costs in preparing the area, and the time for a resolution is running out. Volkswagen is considering several locations, including Poland, Hungary, and Líny. The factory could employ up to 4,000 people and has faced opposition from local aeroclubs and residents. The government supports the investment and is prepared to spend nine billion crowns on key infrastructure in the area.
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