Hungarian government to support Ghana’s One District

H. E. Peter Szijjarto, the Hungarian Minister of Foreign Affairs and Trade, says the launch of “One District, One Factory” and ”One Village, One Dam” programme by Ghana Government coincided with that of the Hungarian government’s industrialisation programme. Therefore, he said, the Hungarian government would support Ghana government’s industrial transformation agenda to succeed, in order to create jobs for the youth and boost socio-economic development. To this end, he said, the Hungarian government had signed a number of economic co-operation agreements with Ghana and also opened the 140 million Euros Credit line through Hungarian EXIMBANK, which would offer financial support to entrepreneurs to enhance their businesses.

H.E. Szijjarto said it would establish Ghana-Hungarian Business Council to facilitate the economic co-operation processes. “We see Africa as future China and you are about to reach a booming economy and demography as well therefore the Hungarian government has launched a policy called “Southern Opening” to enhancing the co-operation between our country and Africa,” he said. Hon. Szijjarto made the remarks at the Ghanaian-Hungarian Business.