Hungary Sees Opportunities in Gulf Countries

Global
Tech-oriented Hungarian companies can benefit greatly from the opportunities offered by the Gulf countries, and the Hungarian government is fully supporting investments in the region, Foreign Minister Péter Szijjártó told a joint press conference with his Omani counterpart, Sayyid Badr Albusaidi, in Muscat.

Szijjártó told the press conference that international investments were key to the success of the Hungarian economy, the foreign ministry said. The strategic cooperation between Hungarian oil and gas company MOL and Oman’s oil major is a backbone of Hungarian-Omanian partnership, Szijjártó said. Other companies are eyeing cooperation in building up a sustainable energy sector in the country, he said.

The delegation headed by Szijjártó comprised the representatives of 24 Hungarian companies. One company has already secured an agreement on building a solar energy park worth 10 million euros, he said.

Oman and Hungary also signed an investment protection agreement earlier on Wednesday, and Hungary’s Eximbank has opened a 56 million dollar credit line to support joint ventures, he said. Szijjártó also called for closer cooperation between the Gulf states and the European Union. Hungary supports scrapping visas for travellers to the EU, “as we see no risks, only advantages and potential profit, in doing so,” he said.

 

hungarymatters.hu

Iris Properties

- Modern flat on Hatvani Istvan utca

45 m2 flat for rent
360 000 Ft

- Brand new flat close to Uni

45 m2 flat for rent
360 000 Ft

- Flat for students in Civis utca

68 m2 flat for rent
260 000 Ft

- Renewed flat in the Big Forest

22 m2 flat for rent
230 000 Ft

- Nice flat next to Main Building

55 m2 flat for rent
290 000 Ft

Leave a Reply

Your email address will not be published. Required fields are marked *