Hungarian government’s 12.3 billion forint (EUR 38.5m) support for BMW’s investment in Debrecen, in eastern Hungary, will reap many times that amount in dividends for Hungary, Péter Szijjártó, the minister for foreign affairs and trade, said on Friday before signing the grant agreement with a representative of the German company.
Szijjártó also announced at the signing ceremony that the government had decided to create a new transport node on the M35 motorway close to the site of the future BMW plant by expanding the access road and constructing a container terminal with an electrified rail link, as well as creating a new telecommunications and gas network.
Szijjártó thanked László Palkovics, the innovation and technology minister, for “taking the lion’s share of preparations for the investment”.
featured photo by Zsolt Czeglédi/MTI
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