Péter Szijjártó emphasized that Hungary has become a major destination for Chinese investments in Europe.Continue reading
The government plans to resume significant infrastructure investments in 2025, allocating HUF 480B (EUR 1.3B) for 300 new projects. This follows the suspension of 270 developments in 2022, amid the energy crisis. Key projects include railway and road upgrades, and university campus constructions, writes Világgazdaság.
After a freeze imposed during the 2022 energy crisis, public investments are set to rebound. The 2025 budget includes HUF 8,000B (EUR 21.8B) for new developments, with HUF 480B (EUR 1.3B) earmarked for next year. Prominent projects include the renewal of the Debrecen-Nyíregyháza (eastern Hungary) railway line, water management upgrades, and the construction of new campuses for Péter Pázmány Catholic University and Óbuda University.
Several road projects are poised for launch, such as reinforcing main road No. 73 with a parallel cycle track and upgrading main road No. 77 for 54 km between Veszprém (western Hungary) and Lesencetomaj (western Hungary). Major motorway projects include the M1 expansion starting in autumn 2025, with further improvements planned for the M7 in 2027, and the M3 in 2031. Railway developments will focus on the Hatvan-Füzesabony (northern Hungary) line and surrounding regions, supported by HUF 79B (EUR 211M) in funding.
Nearly HUF 770B (EUR 2.1B) will be spent to finalize 500 projects by the end of 2025. These include significant infrastructure improvements across roads, railways, and water systems. This ambitious investment program signals a renewed focus on boosting Hungary’s infrastructure and supporting economic growth.
Via Világgazdaság; Featured Image: Pixabay