Nearly HUF 4 billion will be provided for the development of Záhony
The industrial and logistical development of the Záhony region is of strategic importance.
László György, State Secretary for Economic Strategy and Regulation at the Ministry of Innovation and Technology, stated that the strategic importance of Záhony is due to the fact that the settlement serves as an entry point to Hungary and thus to the European Union. This is the point at which goods are reloaded and rail freight needs to be switched from wide gauge to narrow gauge.
According to the plans, a container terminal will be built in Záhony, which will be able to receive huge quantities of goods from the East, mainly from China. Currently, not even 1,000 containers arrive at Záhony each year, while the aim of the development is that in 10 years, 1,000 containers will arrive in Záhony every day.
Preparations are just now taking place for the investment. Government funding of nearly HUF 4 billion will cover, among other things, infrastructure planning and technology as well as the actual development of the industrial park.
Meanwhile, the development of the Budapest-Belgrade high-speed railway will provide fast freight transport from Budapest via Belgrade to Piraeus, shortening freight transport between East Asia and Europe by seven days.
According to László György, the project will also help deepen the diplomatic relations that have existed between China and Hungary for 70 years.
Róbert Homolya, President and CEO of MÁV Zrt., stated that the current development is for goods coming from China via Russia to enter Hungary at Záhony and travel on to Western Europe. He added that the project aims to implement the most competitive logistics service in the region.
László Horváth, President and CEO of L.A.C. Holding Zrt., said that the development will be implemented via a collaboration between L.A.C. Holding Zrt., MÁV-REC Kft. (49 percent of which is MÁV Zrt. and 51 percent is L.A.C. Holding Zrt.) and a Chinese partner company.
László Horváth put the value of the total investment at around HUF 100 billion, and 30 companies have already taken an interest in the industrial park being built in the area.
