The finance minister has revealed that the government is providing HUF 1,800 billion (EUR 5bn) over the next seven years to less developed regions and localities so they can put their own ideas on how to flourish into practice.
At the signing of a strategic partnership agreement with the National Association of County Municipalities, Mihály Varga said bid proposals amounting to HUF 636 billion have already been published under the TOP Plus scheme. These developments include road and infrastructure upgrades as well as sustainable urban development projects and energy conservation in municipal buildings. Also, bids can be made for purchasing equipment for crèches and kindergartens. Minister Varga said the success of the TOP Plus scheme would hang on utilising local knowledge and maintaining close contacts with local economic players.
Photo credit: Facebook/Varga Mihály