{"id":4647,"date":"2022-01-28T08:24:45","date_gmt":"2022-01-28T08:24:45","guid":{"rendered":"https:\/\/www.hepaoffice.com.tr\/?p=4647"},"modified":"2022-01-28T08:25:21","modified_gmt":"2022-01-28T08:25:21","slug":"fm-szijjarto-hails-2021-investment-records","status":"publish","type":"post","link":"https:\/\/www.hepaoffice.com.tr\/en\/news\/fm-szijjarto-hails-2021-investment-records\/","title":{"rendered":"FM Szijj\u00e1rt\u00f3 Hails 2021 Investment Records"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_custom_heading text=&#8221;FM Szijj\u00e1rt\u00f3 Hails 2021 Investment Records&#8221; font_container=&#8221;tag:h3|text_align:left&#8221; use_theme_fonts=&#8221;yes&#8221;][vc_empty_space height=&#8221;22px&#8221;][vc_column_text]<strong>Hungary broke \u201ctwo great, investment-related records\u201d last year despite negative developments in the global economy, P\u00e9ter Szijj\u00e1rt\u00f3, the minister of foreign affairs and trade, said on Facebook on Wednesday.<\/strong>[\/vc_column_text][vc_column_text]Szijj\u00e1rt\u00f3 said that agreements had been signed on FDI totalling an unprecedented 1,886 billion forints (EUR 5.3bn) during the year. He added that the Hungarian government was providing 270 billion forints in grants to aid those projects.<\/p>\n<p>Last year also saw the launch of the greatest greenfield development ever made in Hungary, with South Korea\u2019s SK Innovation building a battery plant worth 680 billion forints, the minister said, adding that altogether eight projects worth over 100 million euros were launched last year, including schemes by South Korean Eco Pro, and Turkey\u2019s Sisecam.<\/p>\n<p>Szijj\u00e1rt\u00f3 pointed to a \u201csignificant increase in the weight of the East in the global economy\u201d, and he said the Hungarian government had launched its strategy of Eastern opening in 2010 \u201cjust in time\u201d. Thanks to the strategy, \u201cwe often snatch projects by large Eastern companies before bigger and stronger western European countries\u201d, he said.<\/p>\n<p>Fully 60 percent of Hungary\u2019s foreign investment came from the East last year, with the list of investors led by South Korea, he said. German businesses, however, \u201ccontinue to have a good time\u201d in Hungary, having seen through 24 out of a total 96 development projects, he added.[\/vc_column_text][vc_column_text]<strong>Source:<\/strong> <a href=\"https:\/\/hungarytoday.hu\/hungary-investment-2021-foreign-foreign-investments-szijjarto\/\" target=\"_blank\" rel=\"noopener\">hungarytoday.hu<\/a>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Hungary broke \u201ctwo great, investment-related records\u201d last year despite negative developments in the global economy, P\u00e9ter Szijj\u00e1rt\u00f3, the minister of foreign affairs and trade, said on Facebook on Wednesday.<\/p>\n","protected":false},"author":3,"featured_media":4643,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"h5ap_radio_sources":[],"footnotes":""},"categories":[37],"tags":[],"class_list":["post-4647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-37","description-off"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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