The Hungarian government signed a strategic cooperation agreement with the Japanese carmaker Suzuki. Suzuki’s deputy CEO said that the company is considering several projects within the country, including one involving the development of public road infrastructure. Hungarian Prime Minister Viktor Orbán said Hungary is building a labor-based economy, and industrial production is the backbone of the national economy; therefore industrial centers need to be established in order to improve the country’s competitiveness.
The government already has similar agreements with Coca Cola, Alcoa-Köfém, Richter Gedeon and Daimler AG.