Construction at the site now affects the central office building, training center, data centers, and infrastructure facilities, BMW Group said.

Construction of manufacturing facilities will start this year, while the cornerstone of the plant will be laid in June 2022, it added.

"This enormous investment is a new assurance that Hungary, already a leader in the conventional automotive industry, will be among the leaders in the era of electromobility, too, not just in Europe, but in the world," Szijjártó said.

"We are proud that BMW, as one of the world's biggest and most modern automotive industry companies, picked Debrecen, and that is testimony to the soundness of the economic policy of the past twelve years, thanks to which the investment environment in Hungary has become competitive on a global level," he added.

Mayor Papp voiced city leaders' commitment to the success of BMW in Debrecen "as it will contribute to the success of our city and our citizens".

Kemser said the approach at talks with all of BMW Group's partners in Debrecen and Hungary had been "extraordinarily positive". 

Kemser took over as the Debrecen plant director at the start of 2022. He was in charge of the BMW plant in Leipzig in 2015-2021.