The MFB will contribute a further HUF 8.5 bln to the investment, the contract for which was signed in 2015, to be matched by BBCA, and the government will chip in HUF 1 bln, said Szolnok Deputy Mayor István Szabó.
Construction is expected to start in the third quarter of this year, he added.
The plant is expected to be completed in a year and a half. It will turn out an annual 60,000 tons of citric acid from 106,000 tons of maize, and will employ 440 people.
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