Innovation and Technology Minister László Palkovics said the plant will start producing vaccines by the end of 2022. It will be able to turn out over 20 million jabs a year, but that capacity could be expanded, he added.

 He noted that conditions for establishing the plant had started already in 2017, on the initiative of the University of Debrecen, but the coronavirus pandemic had accelerated the pace of the project.

The government earlier earmarked HUF 55 bln for the construction of the plant.