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Improved transport will strengthen Hungary’s economy

The government plans to spend about HUF 6 trillion on railway investments in the next decade.

Tamás Schanda, Parliamentary and Strategic Secretary of State at the Ministry of Innovation and Technology, said at a press conference on the modernization of the Southern Danube Bridge on Wednesday that the government plans to spend about HUF 6 trillion on railway investments in the next decade.

Dávid Vitézy, CEO of the Budapest Development Center (BFK), said that the southern roundabout is the largest network development investment in the railway network of Budapest and its agglomeration in the last 100 years, the first element of which is the reconstruction of the southern connecting railway bridge. This will open up new network connections and significantly expand railway capacities through Budapest, connecting the capital to railway circulation with the help of a new stop and providing a new transfer option for commuters from the suburbs, he added.

Róbert Homolya, President and CEO of MÁV Zrt. explained that the southern railway connecting bridge plays a significant role in railway traffic, with more than 330 trains running on it every day. 

The development is being carried out via an investment by the Nemzeti Infrastruktúra Fejlesztő Zrt. (NIF), and Duna Aszfalt Út- és Mélyépítő  Kft. will be handling the construction for a net value of HUF 35.921 billion. The project should be complete at the end of September 2022.

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