HIPA aided HUF 1.47 tln of investment in Hungary last year

Figures

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The Hungarian Investment Promotion Agency (HIPA) aided EUR 4.078 billion (HUF 1.47 trillion) of investment in Hungary in 2020, pro-government daily Magyar Nemzet said, citing data from the Ministry of Foreign Affairs and Trade.

That money was spent to implement 907 investment projects that created 12,914 jobs, the ministry told the paper.

Among the investments were 97 priority FDI projects with a value of close to EUR 2.5 bln that created 10,112 jobs. Investments by Asian investors, from countries such as South Korea, Japan, China and India, made up EUR 1.165 bln of the total and created 3,612 jobs.

Chinese companies accounted for the biggest investment volume.

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