• Hungarian forint
  • Budapest
  • Police news
  • HelloMagyar
Hungary earmarks EUR 28.7m for infrastructure, economic investments in NE Hungary, TranscarpathiaHungary earmarks EUR 28.7m for infrastructure, economic investments in NE Hungary, TranscarpathiaHungary earmarks EUR 28.7m for infrastructure, economic investments in NE Hungary, TranscarpathiaHungary earmarks EUR 28.7m for infrastructure, economic investments in NE Hungary, Transcarpathia
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Important
  • Public transport becomes free in Hungarian town with world-known restaurant, castles

  • Why are more than a million Hungarians very sad today, while Romanians celebrate?

  • Huge success for PM Orbán? Tens of billions of euros may come to Hungary soon

Support us
Daily News Daily News · 29/05/2016
· Business

Hungary earmarks EUR 28.7m for infrastructure, economic investments in NE Hungary, Transcarpathia

Budapest (MTI) – The government has earmarked about 9 billion forints (EUR 28.7m) for infrastructure investments and economic development programmes in northeastern Hungary and Transcarpathia for this year and the next, a foreign ministry state secretary said on Saturday.

Levente Magyar said 1.5 billion forints will be allocated towards the construction of a fruit processing plant in Tarpa in Szabolcs-Szatmár-Bereg county and a bicycle path between the town and Badalovo (Badaló) in Transcarpathia. Plans are to have the fruit processing plant completed in 2017, Magyar said, adding that the government will soon begin official talks with the Ukrainian government about the construction of the bicycle path.

The government will earmark 2.5 billion forints in grant money to Transcarpathian small and medium-sized enterprises in 2016 and 5 billion forints next year, Magyar said. Apart from the 7.5 billion forints, a 20 billion forint credit line will be opened to support the business activities of local SMEs.

Photo: MTI

Source: http://mtva.hu/hu/hungary-matters

If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
Hungarians abroad investment Transcarpathia Ukraine
Share

Hot news

  • What happened today in Hungary? – 2 December, 2023

  • Hungary joins declaration on tripling nuclear capacity

  • Christmas is approaching: Advent traditions and curiosities in Hungary

  • Budapest among Europe’s most beautiful Christmas markets!

  • VIDEO: Busy Budapest bridge to become a Christmas tree

  • Hungary is one of the world’s safest countries to drive

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US
  • Facebook
  • Twitter
  • Instagram

Must read

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.

Thank you!

You have successfully joined our subscriber list.

.

Contact us

About us

Copyright rules

Privacy policy

Advertise with us

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V
<strong> What happened today in Hungary? – 2 December, 2023 </strong>

What happened today in Hungary? – 2 December, 2023

Read More
Hungary joins declaration on tripling nuclear capacity

Hungary joins declaration on tripling nuclear capacity

Read More
Christmas is approaching: Advent traditions and curiosities in Hungary

Christmas is approaching: Advent traditions and curiosities in Hungary

Read More
Budapest among Europe’s most beautiful Christmas markets!

Budapest among Europe’s most beautiful Christmas markets!

Read More
VIDEO: Busy Budapest bridge to become a Christmas tree

VIDEO: Busy Budapest bridge to become a Christmas tree

Read More
Hungary is one of the world’s safest countries to drive

Hungary is one of the world’s safest countries to drive

Read More
The operator of Budapest Airport will change: here is what follows

The operator of Budapest Airport will change: here is what follows

Read More
PM Orbán: Myth that Hungary cannot prosper without EU money

PM Orbán: Myth that Hungary cannot prosper without EU money

Read More
Hungarian police beat a German national with a baton in Budapest?

Hungarian police beat a German national with a baton in Budapest?

Read More
Government wants to avoid escalation in the Middle East

Government wants to avoid escalation in the Middle East

Read More
  • 0
  • 1
  • 2
  • 3
  • 4
Have you read it?