Hungary's PM Orbán Sets Manufacturing Target

  • 5 Nov 2013 8:00 AM
Hungary's PM Orbán Sets Manufacturing Target
Hungary must continue its policy of re-industrialisation to boost the ratio of manufacturing output to GDP, Prime Minister Viktor Orbán declared yesterday.

Hungary is currently third or fourth in the EU in this respect, but aims to be first in 12-18 months, he told reporters after talks in Budapest with European Economic and Social Committee president Henri Malosse.

“We must become a manufacturing centre, for which re-industrialisation is necessary. Jobs, economic growth, foreign investments and competitiveness will follow from that,” Orbán declared.

Source: Hungary Around the Clock

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