“Some four thousand more investments arrived in Hungary last year via the investment promotion system than in 2009, the last full year in office of the previous left-wing liberal government”, the Ministry of Foreign Affairs and Trade’s State Secretary for Information and the International Representation of Hungary Tamás Menczer said on Friday on Hungarian M1 current affairs television. “27 investments arrived in Hungary in 2009, and 101 in 2019”, the State Secretary explained.

“It is also thanks to the increase in investment that the 2010 unemployment rate of over 12 percent has fallen to just 3.4 percent”, he highlighted, adding that “since everyone now has a job the next important thing is obviously an increase in wages, since everyone would like to take a step forward occasionally”. “Between 2017 and 2019, the average salary paid by investors increased by 50 percent from 304 thousand forints to 454 thousand forints”, he pointed out.  Mr. Menczer also reported on the fact that the success of the government’s Eastern Opening policy is indicated by the fact that half of the money invested last year was related to South Korea, explaining that over a third of the 13,500 new workplaces being created by last year’s major investment projects are coming about thanks to investments from South Korea, China and Japan. “Since 2014, some five hundred major investments have arrived in Hungary via the government’s investment promotion system, creating 89 thousand new workplaces, the equivalent of the population of Székesfehérvár”, he stated. “The results are thanks to the world class work of the Hungarian people and the business environment created by the government, meaning they are thanks to the alliance between the people and the government”, the State Secretary declared.