Agriculture is the Engine of Investments

Agricultural investments rose significantly by 11.7 percent in 2011. Investment in the processing and food industries also increased by more than 24 percent.

The increasing willingness to invest is due to the fact that farmers concluded a successful year and so have at their disposal more expendable assets. Favourable expectations for agriculture in the near future have also had a positive effect on investments.

Although pleased with such success, the agricultural administration continues to push for an increase in investment willingness, and for this reason is again speeding up the payment of agricultural support. By the end of April, the Agricultural and Rural Development Agency will be paying out over 300 billion HUF in support to farmers, who in past years have had to wait until the end of June to receive such funding.

(Press Office of the Ministry of Rural Development)