Logistics Parks Need Designation to Continue Ops After 2025

Logistics

Image by Roman Zaiets / Shutterstock.com

The government will require designation for logistics parks to continue operating after 2025, the Ministry of Economic Development said in a release on its website yesterday. 

Logistics parks that operate on an area of at least three hectares and have 3,000 sqm of warehouse space must apply for designation as intermodal, regional, or local logistics parks by December 31, 2024. 

The designation is part of a unified logistics park system the government is rolling out to boost competitiveness and comes with no direct advantages. 

Applications for designation will be weighed by the Science and Innovation, Technology, Industrial, and Logistics Park Council. The council will make recommendations to the minister in charge of industry who will issue the designations.

Agriculture Ministry Committed to Sustainable Viticulture Crops

Agriculture Ministry Committed to Sustainable Viticulture

Hungary Condemns Iranian Attack on Israel Int’l Relations

Hungary Condemns Iranian Attack on Israel

Wizz Air's 1st Debrecen-Istanbul Flight Takes Off Transport

Wizz Air's 1st Debrecen-Istanbul Flight Takes Off

Tribe Hotel Budapest Stadium Recognized at LIV Hospitality D... Hotels

Tribe Hotel Budapest Stadium Recognized at LIV Hospitality D...

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.