What were the economic benefits of the Planet Budapest 2021 sustainability expo?

On his Blue Planet podcast streamed on Monday, President János Áder discussed the economic benefits that resulted from the Planet Budapest 2021 sustainability expo.

Áder talked in the podcast with István Joó, a deputy state secretary for export development and government commissioner in charge of Planet Budapest who was also involved in organising the Budapest Water Summit in 2019.

Joó said that thanks to the water summit,

Hungary has become a key player in water diplomacy.

Áder said that the water summit yielded some scientific, diplomatic and economic benefits and as a result, the Planet 2021 expanded its theme to include sustainability, energy efficiency and food safety.

Organising the expo cost 9.7 billion forints paid from the central budget but the participating companies expect 134 billion forints (EUR 380m) business profits from the opportunities that result from the event, Joo said.

Áder said that some 4,000 business meetings were held during the expo and instead of companies having to travel to different continents, they could “hold talks with half of the world here”.

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