Dynamic Development to Begin in Northeast Hungary

The new government initiative supports the positioning of six counties and their cities, those with county status to help Hungary stay competitive.

The complex package of government measures and coordinated developments aimed to facilitate the growth of a higher value-added innovation ecosystem in the country, said László Palkovics, Minister of Innovation and Technology, at the first meeting of the Northeast Hungary Economic Development Zone committee.

Judit Varga, Minister of Justice and Chairman of the Board of Trustees of the Foundation for the University of Miskolc, also took part in the meeting.

The aim of the establishment of the Northeast Hungary Economic Development Zone is the comprehensive development of Borsod-Abaúj-Zemplén, Hajdú-Bihar, Heves, Jász-Nagykun-Szolnok, Nógrád and Szabolcs-Szatmár-Bereg counties with a cross-border impact. An independent development plan is being prepared for the Tokaj-Zemplén region as well.

The focus of economic development is to improve different sectors, including automotive and machinery, chemicals, plastics and rubber, healthcare, electronics and IT, agriculture, manufacturing, and tourism.

The minister stressed that manufacturing also performs outstandingly here, and investments in research and development are the highest in this region. In addition to industrial applications, the use of high-tech technologies in the agricultural sector is also growing. Strengthening the knowledge economy by creating collaborations between universities with a wide range of training and local companies will create an even more attractive business and research environment, he added.

Minister of Justice Judit Varga said that she sees that dreams have become tangible. The Northeast Hungary Economic Development Zone is an example of “thinking differently,” which has been more important in 2020 than ever before.

According to the strategic vision, the Northeast Hungary Economic Development Zone is on a dynamic, sustainable development path, driven by the automotive and machinery industries, the chemical industry and other traditional sectors. Its innovation ecosystem and infrastructure network provide a competitive supply for high value-added investors and will help Hungary continue to compete effectively, and catch up, with other economies. 

Photo credit: www.kormany.hu/Iró Zoltán