The government has allocated 57.5 billion forints (EUR 160m) to set up three science and innovation parks to be run by the University of Óbuda, Finance Minister Mihály Varga said on Friday.
Varga said work on the last of the three parks would start in Zsámbék, on the outskirts of the capital, within a month. The park there will focus on cybersecurity, artificial intelligence, medical technology and robotics, he added.
The University of Óbuda is also setting up a mechatronics park in Székesfehérvár, in north-western Hungary, and a smart industry and defence sector park in Kaposvár, in the south-west.
Read alsoHungarian researchers working on stopping a lethal virus
Source: MTI
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
Hungary top court rejects challenge against sections of sovereignty protection law
Will Romania have a Hungarian president from 2024?
Retail chain Lidl plans considerable expansion in Hungary
PHOTO REPORT: Budapest welcomes winter with ice rink and Christmas market in city centre
Hungarian car seller AutoWallis concludes historic agreement buying Czech competitor
What will Trump say? Budapest Airport: China’s e-commerce gateway to Central Europe