Govt takes decisions on more than HUF 28bn of big investments
The government approved a HUF 9bn waste management investment that will improve the quality of life of some 650,000 people in 167 communities in central Hungary. A HUF 7.6bn European Union grant is supporting the project. The government also approved a HUF 16.1bn investment involving the recultivation of 103 dumps in counties around the country. EU funding is covering 85pc of the cost of the project. The third big investment the government cleared is the renovation of the Grassalkovich Castle in Hatvan, near Budapest. The castle will become the home to a national hunting museum. A decision was also taken on cutting the administrative burdens of businesses by a further HUF 400bn over the HUF 105bn reduction in a programme launched this year, Mr Giro-Szasz said.
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