7. Attractive government incentives – Slovakia provides good monetary relocation incentives for MNCs. 8. Good local transport – Excellent local transport routes in and around the capital already so little investment needed from MNCs. 9. Expanding local market – as Slovakians become wealthier as the country develops further, they purchase more vehicles. How has this been beneficial to Slovakia • Lots of car manufactures have moved there VW (producing the Polo, Touareg and SEAT Ibiza, Hyundai, Peugeot and Kia. • Car manufacturing suppliers have moved there too – Hyundai’s seven suppliers have relocated to Slovakia and brought with them $1.5 billion in investment (This is known as the multiplier effect). • Lots of job opportunities for locals, causing arise in income for its people. • More tax (as there are more MNCs) for government to spend on health, education and infrastructure improvements.
