ELTE University to expand its Buda campus!

One of Budapest’s most popular universities is planning on upgrading its Lágymányos campus with a new building block full of research laboratories and classrooms.

ELTE started the preparation of this grandiose project back in 2019. According to the information written on the university’s website at that time, they wanted to expand their campus with a biotechnological building block.

Imre Kacskovics, the project leader of ELTE’s Centre for University-Industry Cooperation in Biotechnology said that they would like to have an internationally accredited molecular biomarker laboratory that would fulfill the needs of measurements for tailor-made therapies and clinical research which are often outsourced to foreign institutes.

The budget

The National Research, Development and Innovation Office (NKFIH) has earmarked approximately HUF 2.5 billion (EUR 7 million) for the project. Additionally, a tender for industry and higher education cooperation has awarded ELTE’s project with a further HUF 450 million (EUR 1.25 million) from the budget of NKFIH.

They also stated on their website that the government was going to set aside HUF 500 million from their 2019 and an additional HUF 2 billion from their 2020 budget (these amounts together add up to be another EUR 7 million) for ELTE to implement this development that could provide the Hungarian university with valuable resources, thus it can be more competitive in the international scene.

This means, that the total current budget is at least HUF 5.45 billion (which is over EUR 15 million).

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