Unprecedented Railway Developments In Hungary Planned This Year
- 15 Jan 2021 8:27 AM
- Budapest Business Journal
![Unprecedented Railway Developments In Hungary Planned This Year Unprecedented Railway Developments In Hungary Planned This Year](/binaries/content/gallery/2021-photos/getting-around/01/rail-inprovement-mti-varga-gyorgy.jpg/rail-inprovement-mti-varga-gyorgy.jpg/xpatloop%3Achannelslarge)
He indicated that in the new EU financial cycle Hungary can spend a total of up to HUF 2 trillion on community co-financing for railway investments, and in order to successfully commit the amount, the government provided a total of HUF 32 bln at the end of last summer to plan 20 railway developments.
The preparatory projects will be the basis for the start of construction works requiring approximately HUF 1 tln in resources, if possible as early as 2022.
MTI Photo: György Varga
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