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Oct 03, 2017

Rail infrastructure development key part of Hungary's foreign trade strategy

Hungary’s trade figures have surpassed records in every year since 2014, and this achievement must now be consolidated by further developing the country’s infrastructure

The Hungarian government is driving resources into rail infrastructure development to ensure it plays an essential role in Hungary’s foreign trade strategy.

Péter Szijjártó, minister of Foreign Affairs and Trade, said Hungary’s trade figures have surpassed records in every year since 2014, and this achievement must now be consolidated by further developing the country’s infrastructure.

The minister said the government had earmarked 1,500 billion HUF (4.8bn EUR) for rail development projects by 2020. These include upgrading 900 kilometers of rail tracks and putting new trains in operation, adding 45,000 seats to the current stock. Hungary’s power-operated train network will also expand to 3,300km, he added.