According to data from the Hungarian National Bank (MNB), the investment portfolio from the United States amounted to 11.6 billion euros in 2018, and this area is performing well, but at the same time there are opportunities for growth, according to the portfolio manager.
He added: In 2019, the largest investments ever came to Hungary, and the government approved 101 major investments with large foreign and Hungarian companies, and the value of investments reached 1.705 billion Hungarian forints. He stressed that this is a record number, as it reached 4 percent of the GDP last year. The government helped implement these investments in the amount of HUF 156 billion. Hungarian-owned companies made ten major investments in 2019, with a total value of 126 billion Hungarian forints.
The Minister of Finance stressed that the government gives priority to stimulating development, so the Economic Defense Working Tribe discussed in its last meeting accelerating and supporting investments, which allocated new resources from the budget for this purpose.
Hungary still has an excellent investment rate. In the second quarter of this year, the index reached 27.6%, which is considered impressive at the EU and regional levels. He added that this indicates that economic actors still have confidence in the future and are daring and able to invest.
