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Oct 03, 2019

Eight university science parks to launch across Hungary

The Budapest University of Technology and Economics (BME) has been chosen as one of the eight so-called university science parks to be set up across Hungary.

The Budapest University of Technology and Economics (BME) has been chosen as one of the eight so-called university science parks to be set up across Hungary.

László Palkovics, Minister for Innovation and Technology, said the government has made it a goal for Hungary to deliver world-class developments to high-tech technologies in addition to using those technologies.

The Minister added that the creation of the science parks was meant to advance this goal. The investments carried out in Hungary over the last 8-10 years have all generated structural economic changes and developments. This, he said, was one of the main reasons why the Hungarian economy was growing significantly above the average European Union rate.

Talks are ongoing between the government and BME on the infrastructural, financial and legal aspects of the establishment of its science park.

Photo credit: hirado.hu