Singapore success ‘encouragement’ for Hungary, says Orbán in Singapore

Singapore’s success story is an encouragement to Hungary, Prime Minister Viktor Orbán said in Singapore after talks with Lee Hsien Loong, his Singaporean counterpart, on Tuesday. 

Hungary has no significant resources of energy or raw materials, Orbán noted. “We become what we manage to achieve through work and our intelligence”, he said. Singapore also worked miracles with “human resources, human spirit and innovation”, he said.

“We think of Singapore as a place that did not copy models of others but created one on its own,”

he said. This showed that “self-invented models” can be successful in the modern world, he said.

Orbán said Singapore had “not yet fully shown its investment potential” in Hungary, and encouraged firms to enter the Hungarian market, next to the “respectable” Singaporean investment projects already operating there.

Hungary would also like to be a part of Singapore’s success, especially in the water industry, agricultural, information technology and pharmaceutical sectors, he said.