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Hungary's FDI Soars to Over €13bn in 2023

2024. január 05.

bne IntelliNews

Foreign direct investment (FDI) in Hungary was a little over €13bn in 2023, double the previous €6.5bn record in 2022, creating 19,000 jobs, also a new record, Minister of Foreign Affairs and Trade Peter Szijjarto announced on January 4. Most investments came from China last year.

Hungary is "among the winners of the new global economic era" as it has attracted a large volume of electric automotive industry investments, he added.

Hungary has become China’s top investment destination in Central Europe this year, and China is the second-largest importer after Germany.

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