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Budapest – The future city of smart streets?!
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Based on Vienna’s example, 11 thematic streets are planned to be developed in the Hungarian capital, where business communities will be established and coordinated by the Management of Thematic Streets (BUM). The development will concern Bartók Béla Boulevard, Falk Miksa Street, and Ráday Street.
According to the vision of the smart streets project, shopping streets will boom, empty shop windows will disappear, while cooperation between entrepreneurs will become more efficient.
Information transfer is of key importance in the capital’s smart economy; therefore, Budapest’s smart street development will be realised accordingly. The aim of the coordinating non-profit management company – controlled by the Budapest Chamber of Commerce – is to create efficient cooperation among business communities within shopping and thematic streets, based on Vienna’s example.
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“The vision of Smart Street is not to provide a new service for entrepreneurs and the general public. We would like to change the traders’ mindset in the long term. A smart economy in Budapest can only be achieved if traders are encouraged to share information. In order to realise this, thematic streets would be a perfect solution; furthermore, in some streets, cooperation is already working well,” reported Attila Antal, Director of BUM Nonprofit Ltd.