Taiwanese cable industry leader CTi Cable is set to inject up to $5 million into Czechia, marking a significant milestone in expanding its global footprint. The planned investment, estimated between $4 million and $5 million, will create over 50 new jobs and introduce a highly automated production facility in Klecany at P3 Logistic Park Prague D8. This facility will manufacture essential components—including cables and assembly parts—for cutting-edge sectors such as artificial intelligence, autonomous vehicles, aerospace, industrial automation, medical devices, and IoT.

Strategic Expansion into the European Market

With the establishment of CTi Europe s.r.o., CTi Cable is strategically positioning itself as a key player in the European high-tech arena. The new plant is designed to ramp up production capacity, supporting the company's goal of delivering high-performance interconnect solutions to a broad range of industries. Backed by CzechInvest, this venture not only promises to drive technological innovation but also reinforces Czechia’s reputation as a hub for advanced manufacturing and digital transformation.

Industry Leaders Weigh In

Petr Očko, Senior Director of Digitization and Innovation at the Ministry of Industry and Trade, highlighted the growing synergy between Czechia and Taiwan in microelectronics and information technology. He pointed out that investments in advanced electrical engineering—essential for industries like Industry 4.0, medical technology, and smart building solutions—will play a pivotal role in driving regional growth.

Jan Michal, Director General of CzechInvest, described the investment as a significant leap for Czechia’s high-tech sector. He emphasized that CTi Cable’s commitment underlines both the competitiveness of the local electrical industry and the strong confidence Taiwanese companies have in the Czech business environment and innovation ecosystem.

Vice President Sunny Lin of CTi Cable further explained that Czechia’s central location in Europe, combined with its robust manufacturing heritage and innovation capabilities, provided an ideal setting for the investment. Lin noted that close collaboration with CzechInvest from the outset helped streamline the decision-making process by offering valuable insights on location, regulatory frameworks, visa programs, and financial incentives.

CzechInvest’s Crucial Role

Throughout the investment process, CzechInvest has been a pivotal partner. The agency provided comprehensive market analyses, assisted in selecting the optimal site for the new production facility, and facilitated access to grants and other financial support. This thorough guidance has been essential in helping CTi Cable navigate the Czech investment landscape and position the company for future growth.

This landmark investment not only strengthens CTi Cable's market position but also underscores Czechia’s emerging role as a center for advanced technology and manufacturing in Europe.