Hungary to Resume Large-Scale Infrastructure Investments in 2025
Ana Fernanda Reporter
| 2024-12-03 19:26:00
Budapest, Hungary – The Hungarian government has announced plans to reinvigorate its infrastructure investment program in 2025, allocating a substantial 4.8 billion forints (approximately €1.3 billion) for 300 new development projects. This marks a significant rebound from the halt in 270 projects initiated in 2022 due to the energy crisis.
The 2025 budget has earmarked a total of 8 billion forints (€218 million) for new developments, with nearly 60% of this sum slated for implementation in the coming year. Key projects include upgrades to the Debrecen-Nyíregyháza railway line in eastern Hungary, improvements to water management facilities, and the construction of new campuses for the Péter Pázmány Catholic University and Óbuda University.
Additionally, Hungary will embark on several road projects, such as reinforcing Route 73 and constructing dedicated bicycle lanes. The 54-kilometer stretch of Route 77 between Veszprém and Lőcsetomaj in western Hungary is also set for an upgrade. Major highway projects, including the expansion of M1 in autumn 2025, improvements to M7 in 2027, and upgrades to M3 in 2031, have been outlined. Railway development will focus on the Hatvan-Püspökladány line and surrounding areas, with 790 million forints (€211 million) in funding allocated.
The government aims to complete a total of 500 projects by the end of 2025, with an overall investment of approximately 7.7 billion forints (€2.1 billion). This ambitious investment program underscores Hungary's commitment to strengthening its infrastructure and fostering economic growth.
[ⓒ Global Economic Times. 무단전재-재배포 금지]
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