Govʼt earmarks HUF 80 bln for metro 3 renovation

Visits

Hungaryʼs government is allocating HUF 80 billion in support for the renovation of the capitalʼs number 3 metro line, Gergely Gulyás, the head of the Prime Ministerʼs Office said at a regular press briefing on Thursday, Hungarian news agency MTI reports.

The funding will be available from the end of 2019 and may be used through 2022, Gulyás said.

The renovation of the 17 km "blue line" started a year ago and is expected to be completed in 2022.

The government declared its support for the establishment of the Budapest Development Council, a body to coordinate big investments in the capital, Gulyás said. The agreement establishing the council will be signed by Mayor István Tarlós and Prime Minister Viktor Orbán on Saturday, he added.

Scope Assigns MOL BBB- Issuer Rating Ratings

Scope Assigns MOL BBB- Issuer Rating

Budapest Residents to Weigh in on Rákosrendező Development P... Issues

Budapest Residents to Weigh in on Rákosrendező Development P...

AutoWallis Becomes Importer of Geely Group’s Commercial EV B... Automotive

AutoWallis Becomes Importer of Geely Group’s Commercial EV B...

These Are the Most Sleep-friendly Hotels in Hungary Hotels

These Are the Most Sleep-friendly Hotels in Hungary

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.