Index - Economy - Hungarian construction can be among the most effective investments in Europe

Index – Economy – Hungarian construction can be among the most effective investments in Europe

At the press conference held in Szentlőrinckáta, Pest County, the Secretary of State announced that the Public Investment Framework Act is currently under preparation, the goal of which is to create a legislative environment based on consensus, in which all important interest groups can express their views. Balint Sandor Nagy added: The purpose of the law is also to ensure that state investments can be implemented more transparently and efficiently in the future.

It was announced at the press conference that

This year, as part of the Hungarian Village Program, roads in the country were renovated to the value of HUF 16 billion.

said Attila Joseph Szelvay, CEO of Magyar Közút Nonprofit Zrt. This year, 500 km of road surface has been renewed as part of extensive road repairs under the Magyar Falu programme. Thanks to the program, nearly 2,200 kilometers of pavement were renovated with a total of HUF 35 billion in three years, according to an MTI announcement.

Georgi Chervan, Parliamentary Representative at Fides for Pest County Constituency No. 9, explained that six settlements in the constituency will be affected by large-scale road improvement in the Hungarian Village Program, which will be implemented with more than HUF 200 million of budgetary resources.

Janos Lazar promised more transparency

Construction and Investment Minister Janos Lazar announced in May that the ministry’s first main task will be the examination, in order to know the number of state investments underway in the country, and the stage it has reached.

According to the minister’s calculations, the ministry should manage about ten thousand billion of investments. János Lázár wants to have transparent local terms regarding construction and investments.

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In the spirit of transparency, as one of the first ministerial tasks of Janos Lazar, he prepared a proposal and proposed the creation of a completely new investment regime, a new State Investment Framework Law. Even within this, the prime minister places more emphasis on preparations for state investments.

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