With the decision, there is a "real possibility" that the investment can be completed during the 2021-2027 European Union funding cycle, Gulyás said.
He noted that city leaders earlier agreed that the central government should take over preparations for the project from 2021.
He said the project was likely to cost more than HUF 200 billion.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
