CATL investment is another chance to improve vocational training, the economy, and the labor market in Debrecen

The relocation of large companies to Debrecen will significantly contribute to a six-fold increase in the turnover of local firms by 2030.

Photo credit: Facebook - Papp László

Zoltán Pécskay, Managing Director of EDC Debrecen Urban and Economic Development Center and Zsolt Tirpák, Chancellor of the Debrecen Vocational Training Centre, analyzed the economic and labor market impact of the CAT battery manufacturing plant on local television.

Zoltán Pécskay said that the construction of the factory will significantly increase the economic size of the city and its region and that this will have an impact on all areas of life. 

According to surveys by EDC’s analytical team, Industrial production in Debrecen was 2.7 % of GDP in 2020, but this has started to rise thanks to economic developments in recent years, he said. 

The real big leaps will come in a few years’ time, thanks to the start-up of production in industrial parks. This is set to increase almost sixfold in the period to 2030, which is a good indication of the strength of the employer base. This will also be reflected in an increase in average wages in the region, the director stressed.

Chancellor of the Debrecen Vocational Training Centre Zsolt Tirpák said that the essence of the Debrecen Vocational Training Centre is the economic environment. Vocational training has a future if it takes place in an active economic environment, he said. 

The chancellor pointed out that the economic environment of Debrecen has been constantly developing in recent times, and therefore the demand for professionals has become more diverse. Vocational education and training have become increasingly attractive to students, with the number of students increasing from 7,500 in 2015 to 11,000 today.

 “We have a responsibility to make career paths fully known so that fewer people become pizza delivery drivers in London, for example,” he added.