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Jan 18, 2017

Hungary on the way to becoming a leading digital technology hub

Several Chinese companies have expressed interest in working with Hungarian partners in the areas of e-mobility, intelligent transport systems, autonomous vehicles and the development of smart cities

Hungary's economy minister is helping to ensure the nation becomes a leading international digital technology hub by building relations in China, it has been revealed.

Mihály Varga, minister for National Economy, underscored Hungary’s objective to become a regional hub for digital technological development during visits to major Chinese tech companies in Shenzhen.

According to MTI, several Chinese companies have expressed interest in working with Hungarian partners in the areas of e-mobility, intelligent transport systems, autonomous vehicles and the development of smart cities, the ministry said in a statement on Wednesday.

Huawei said it would take part in background work related to a new project to build a test track for autonomous vehicles in Zalaegerszeg, in western Hungary. BYD wants to build its first European electric bus plant in Komárom, in northern Hungary.

“More and more investments are paving the way for new dynamic Chinese developments in Hungary," Minister Varga said.