The government made new economic decisions

The government made another four decisions on the proposal of the operational department, which is responsible for relaunching economic growth, in order to improve the competitiveness of companies as well as to develop infrastructure and transport – as said by Péter Szijjártó, the Minister of Foreign Affairs and Trade, on MTI.

The minister recounted that supported loans’ framework for investment into Hungarian micro-, small- and medium businesses is going to be enlarged from 150 billion to 300 billion forints, with this development, nine hundred companies will get the chance to increase their competitiveness. He emphasized that the economy of Hungary is powered by the automotive industry, which is currently undergoing a revolutionary renewal, and because of this, it is of utmost importance that as many companies dealing with producing electric technologies imagine their future in Hungary as possible.

The politician announced the decision that they would secure the expansion of Samsung SDI’s accumulator factory in Göd by providing a 4-billion-forint infrastructure development. A plan to move more suppliers to the city is also in mind. Péter Szijjártó added that they are going to build a road connecting Páty and the M1 motorway, as well as a detour. Finally, he said that the government is ready to quicken the construction of the Transport Museum’s new building complex.