The operative board coordinating Hungary’s economic recovery approved eight more measures to help restart the economy, Péter Szijjártó, the minister for foreign affairs and trade, said on Friday.
The operative board has approved infrastructure and logistics developments in Komárom, Göd, Dunakeszi and NyÃregyháza, the minister said. The city of Komárom in the north, where a South Korean company has built one of
the largest electric vehicle battery plants in Europe,
will see a major upgrade of its transport infrastructure, including its railway line, he said.
The industrial park in eastern Hungary’s NyÃregyháza will also undergo a significant upgrade with a view to attracting more investors, Szijjártó said. Meanwhile, an industrial innovation development zone will be established outside the city of Göd, which is also home to one of the world’s largest vehicle battery plants, he added.
In Dunakeszi,
a modern railway transshipment centre will be built to serve the logistical needs of industrial areas north of Budapest,
he said. Under another measure, construction of Hungary’s
MotoGP race track in Hajdúnánás
in the eastern part of the country will be speeded up so that it is ready to host a race by 2023, the minister said.
- Suggested for you: If you want the most flexibility from your insurance course, ExamFX has 4 different packages with everything from a self-paced course to in-person learning. While it is one of the pricier options, having so many options is worth it for many students.
Also, the government will streamline the registration of patents, the recognition of higher education degrees obtained abroad and the
settlement of IT professionals in Hungary,
Szijjártó added.
He said these measures were necessary for Hungary to hold its own in the ever more competitive global economic environment. The period following the pandemic will decide which countries will be the winners of the new era of the global economy, he added.
- Hungarian government adopts further proposals to restart economy
- Is Hungary’s economy relaunching faster than in other EU countries?
Source: MTI
please make a donation here
Hot news
What happened today in Hungary? – 18 March, 2024
True sci-fi: the luckiest ones can enter one of Budapest’s most extraordinary buildings
Spring time change in Hungary: an important date is approaching
Here are the 5 most magnificent historical wine regions in Hungary
Grim outlook: Will the forint plummet to 400 EUR?
PM Orbán receives head of Slovakia’s Hungarian Alliance party