Great potential for smart, sustainable mobility projects
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In EU’s new Multi-Annual Financial Framework, the support of transport development, and in particular the facilitation of the transition to sustainable transport, will continue to play a significant role. In a study on smart and sustainable mobility commissioned by the Embassy of the Kingdom of the Netherlands, Deloitte analyzed the business opportunities offered to market players in the new financing period.
The Hungarian Government started a social dialogue on the new EU-funded programs planned for the period 2021-2027 in October 2020 and has since released further information on the allocation of resources and the priority areas of support. It is already known that the Integrated Transport Development Operational Program Plus (IKOP Plus) with a budget of EUR 4.5 billion will be the largest EU source for rail transport, road, bicycle, and port investments in Hungary in this decade. Additional support for making the transport sector greener is expected to be provided by the Recovery and Resilience Facility and the Green Economy Financing Scheme.
Taking into account the needs of both domestic and foreign investors, the report describes the characteristics of the Hungarian business environment, provides an overview of financial incentives for businesses and research consortia, and presents a wide range of Dutch-Hungarian cooperation opportunities in e-mobility, urban and international logistics as well as hydrogen propulsion.
"The ideal policy framework and the financial resources that will soon be available provide a good basis for cooperation between Dutch and Hungarian companies, which together can achieve significant positive development in the sector in the years to come," said Ákos Lukács, head of sustainability and climate change at Deloitte.
The key findings of a joint study by Deloitte and the Embassy of the Kingdom of the Netherlands were first presented on March 17 in a webinar. In the scope of the event, Dutch and Hungarian experts shared their experiences in the sector, thus discussing the key issues of the smart and sustainable mobility market and the areas with the greatest market potential.
In the webinar’s opening speech, René van Hell, Ambassador to the Netherlands in Hungary, highlighted the following, “If our objective is to reach climate-neutrality by 2050, then we have to act now. The transition to zero-emission transport offers clear benefits as it makes our cities smarter, greener and safer and it also offers new economic opportunities. That is the reason why, among others, our embassy together with its partners has established the Hungarian Lean&Green Platform for logistics companies which are keen to achieve 0% emission with 100% collaboration.”
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