Hungarian-German relations are going from strength-to-strength and a recent improvement of bilateral relations between the two countries demonstrates this fact.
According to Gergely Gulyás, the Minister heading the Prime Minister’s Office, the Debrecen project of German automobile manufacturer BMW stands as proof of the long-term prospects and strength of German-Hungarian relations.
The minister added that the area of 400 hectares which is required for the project is worth one billion forints, but the volume of the investment amounts to one billion euros, and so the area of arable land in question could not be used more profitably any other way, and additionally a great many new jobs will be created.
Gulyás highlighted that Debrecen’s urban development may also enter a new phase as a result. With this investment, the third largest German premium car manufacturer will also be present in Hungary, and after the country’s western and central parts, a large automotive industry project will be implemented in the eastern region as well.
The minister pointed out that approximately one thousand new jobs will be created.