Prime minister pledges to help investments in vehicle manufacturing

Calmness, experience and caution are needed in the current period, “not only to maintain peace and security” but also for future planning, Prime Minister Viktor Orbán said on Saturday.

Orbán told an event opening the ZalaZONE test track in western Hungary that good economic policy was needed to open opportunities for further similar investments, even at times when Hungary experiences difficult periods.

“If such large-scale developments are not implemented at difficult times, then even when the good times come, the opportunity to utilise them will not be prepared,” he said.

Hungary “has fought its way out” of the crisis it found itself in in 2010,

Orbán said. For a small country to preserve its competitiveness, it is key to recognise new technologies that your give it an edge over its competitors, he said.

Therefore, the government decided to plough 30-40 billion forints (EUR 80-100bn) into the project, he said. “This being Hungary, we are now at 60 billion,” he added.