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Investments fostered by the Hungarian Investment Promotion Agency on course for new record

Investments fostered by the Hungarian Investment Promotion Agency on course for new record

Investments in Hungary fostered by the Hungarian Investment Promotion Agency (HIPA) are on course for a new record this year, the foreign minister said on Tuesday, assessing the agency’s work over the past six months.

HIPA facilitated a record 47 investments that created 8,502 jobs in the country in January-June, compared with 71 during the full year of 2016, Péter Szijjártó told a press conference. The volume of these investments during the first half of 2017 totalled 1.3 billion euros, up 3 percent on the same period last year, he said.

Behind this result is the government’s successful new foreign policy strategy to focus on enforcing Hungary’s economic interests, he added.

Photo: MTI

Source: MTI

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