National land manager launches tenders for lease of state-owned arable land
Hungary's National Land Fund Management Organization (NFA) has launched the issue of public tenders for lease of 65,000 hectares of state-owned agricultural land, body President Róbert Sebestyén announced on Wednesday.
Sebestyén said the NFA would likely publish tenders for the lease of a further 7,000 hectares this year and 4,000 hectares next year.
Leased properties will move between 30-50 hectares, and animal house is a priority.
Applicants must live at the property, submit a business plan and undertake to keep livestock on the property to be eligible for the tender.
Bids can be submitted in 45 days from the publication of the tenders. The NFA would appraise the tenders over the subsequent 60 days and sign leasing contracts for the land over the following 30 days.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 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.