Hungary's Modern Cities Programme spending tops HUF 1,500 bn

Portfolio
The Hungarian government has distributed more than HUF 1,500 billion for development projects under the Modern Cities Programme (MVP), including HUF 450 bn in EU funding, the Prime Minister's Office said in a statement on Monday. The scheme aims for the comprehensive development of 23 county cities (cities with county rights, including all 20 county seats) has a total budget of HUF 4,000 bn.
D__VG20191111012

Of the more than 260 projects in the programme, 75 have been completed since 2015, with projects worth some HUF 85 bn in the pipeline this year. The government announced yesterday that it would also be adding HUF 12.5 bn to its Hungarian Village Programme, which originally planned to spend HUF 150 bn this year.

Projects to be completed this year include a new swimming pool in Kaposvár, an international school in Debrecen, upgrades to health institutions in Érd and a castle renovation in Zalaegerszeg. The development of several industrial parks is also under way as the required lands have been purchased in all locations.

The goal of the MVP is to provide better quality of life in the 23 county cities in Hungary and to ensure that these cities gain regional significance above their local weight, the statement said.

Cover photo: MTI/Varga György

This article is part of the work programme titled "The impacts of EU cohesion policy in Hungary - Present and Future" which is carried out by Net Média Zrt., the publisher of Portfolio.hu, between 1st April 2019 and 31st March 2020 with European Union financing. The views in this article solely reflect the opinions of the author. The European Commission as the funding entity does not take any responsibility for the use of information presented in this article.
 

More in EU funds

varga mihály
July 18, 2024 09:40

EU FinMins do not treat Mihály Varga lightly at the Presidency's first Ecofin meeting

Member states miss the Ukraine issue from the government's priorities

migráció, uniós bevándorlás, uniós határvédelem
July 17, 2024 10:27

EC beats Hungary to the initiative to address the migration issue

Tightening up on the matter may come at the initiative of Brussels

európai parlament, ep, ep-választás
July 17, 2024 08:37

Suspension of Hungary's voting rights proposed in the EP

63 MEPs signed the letter with the proposal

Magyarország-Európai-Bizottság-köztisztviselő-bizottság-von-der-leyen-elnökség-soros-elnökség
July 16, 2024 10:45

Brussels will boycott the Hungarian EU Presidency summit

The European Commission's chief spokesperson made the announcement on X

szijjártó távvezeték
July 15, 2024 10:35

Hungarian gov't presents energy tax proposal to the EU

A new EU-wide tax mechanism has been put on the table

berlaymont, európai bizottság, eu, európai unió, uniós források, európai tanács
July 15, 2024 10:05

EU to boycott Hungarian Presidency summit

Member states' foreign ministers prepare for a retaliatory strike

LATEST NEWS

Detailed search