Hungary, Huawei sign MoU fleshing out cooperation
Hungary’s government signed a memorandum of understanding on strengthening the role of Chinese telecommunications giant Huawei in the development of the country’s ICT sector on Monday, the innovation and technology ministry said.
The MoU was signed by Innovation and Technology Minister László Palkovics and Huawei Technologies Hungary managing director Wu Biqiang in Budapest.
The document outlines concrete measures the sides will take under an agreement signed by the ministry and Huawei in China in November 2018.
Huawei will continue to organise visits to China by Hungarian university students and it will launch an engineer training programme with the aim of bringing some 200 young Hungarians up to speed on its technological advances over the next five years.
Huawei will soon open an ICT academy in Hungary, too.
Palkovics said the MoU creates new perspectives for ties between Hungary and Huawei.
Wu Biqiang said Hungary’s balanced business environment was appreciated, adding that it was important to foster the talents and develop the knowledge of Hungarian engineers.
The MoU also declares Huawei’s desire to participate in the development of Hungarian railway communications infrastructure, intelligent healthcare and smart cities.
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Source: MTI