Budapest, December 15 (MTI) – Around 95,000 hectares of state-owned farmland have been sold so far to local farmers under a government scheme adding revenue of 130 billion forints (EUR 410m) to the central budget, the government office chief told a parliamentary committee hearing on Tuesday.
There have been only 10 “foreign customers” bidding to purchase 725 hectares of farmland, Lazar said, and added that those bidders live in Hungary and hold dual citizenship.
Plots unsold in the auctions will be transferred to local governments for social purposes, he said.
Lazar said he was informed about the state of the land sales on a daily basis, adding that the auctions would continue in January-February according to need.
The scheme is transparent and is fully in line with EU rules, Lazar said.