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Hungary To Become Regional Logistics Hub, as Rail Project Proceeds

At a stone-laying ceremony in Kiskunhalas for the Hungarian section of the modernization of Budapest-Belgrade railway on Oct. 15, the Hungary Minister of Innovation and Technology László Palkovics said: “Railways will clearly be in the focus of Hungary’s transport development efforts in the next 10-15 years, with the upgrade and capacity expansion of the Budapest-Belgrade line as one of the priority investments.” Palkovics attended the ceremony, as did Serbia’s Minister of Construction, Transport and Infrastructure Tomislav Momirovic, and Chinese Ambassador to Hungary Qi Dayu, and via video, Ning Jizhe, Vice Chairman of the National Development and Reform Commission.

Palkovics elaborated that with the renovation of the Budapest-Belgrade railway, Hungary will offer the fastest transport route for Chinese goods between Central and Southeast Europe, extending from Budapest to Belgrade, into Skopje, North Macedonia, and extending to Athens. He also thanked the Chinese people for their help in supplying medical and other equipment to Hungary, as it was hit by COVID-19.

Xinhua reported today: “For his part, Ning said that the railway project will promote the connectivity between Hungary and Serbia and other European countries, help the two countries build a regional transport and logistics hub, give a strong boost to European infrastructure and economic growth along the route, and enhance the well-being of the European people.

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