Hungarian foreign minister hails ‘record high’ investments in 2020
Hungary has “never had such a successful year” in terms of investments thanks to the government’s economic promotion schemes, the minister of foreign affairs and trade said on Facebook on Monday.
Since the beginning of 2020, the government has provided assistance to a total 1,433 investment projects worth a combined 1,676 billion forints (EUR 4.6bn), Péter Szijjártó said, adding that the government grants had totalled 472 billion forints.
The government-assisted projects have created 12,603 new jobs and helped retain 264,595, Szijjártó said.
The minister also said that
80 percent of the small and medium-sized companies embarking on investment projects were Hungarian businesses.
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1 Comment
“Record year of Investment.”
Interesting but in need of greater clarity and explanation.
(1) – Investment – Foreign or Other ?
(2) – Is it – Green Field Investment – investing from the building creating of “something” new.
(3) – Investment – have the Government of Hungary “sold off” assets of the country – that has permitted – Acquisition – of what previously where Hungarian assets – businesses or other. ?
Pertinent Questions – that should be Answered – explained with full transparency and disclosure.
Property Market – Houses, Flats & Apartments in Budapest, Hungary – we factually know the – BIG 3 – foreign investors – that are the “source of blame” for the distortions and totally incorrect values of properties in Budapest, Hungary.
In order of investment Power – they are :
(1) – Chinese.
(2) – Vietnamese.
(3) – Germany.
Trepidation – degree of unease reading this type of “glossed” over article, that lacks the depth of explanation and pages various that should be turned and read to come back to the Factual of what is INVESTMENT – the categories of the term that make up Investment and by whom – Foreign or who ???