Brief introduction for investors
Advantages
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Good balance of labour costs and quality
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High quality education system
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Outstanding cooperation between educational institutions and companies
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Excellent infrastructure
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25 International and 109 bilingual schools
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70 institutions in higher education
Facts
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Approximately 10% of the GDP is from ICT companies
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25% of the economic growth in the last 8 years
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Around 100,000 employers directly in the ICT sector
Production
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Top quality telecommunication services
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Easy access to 3T, xDSL
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New generation IP network
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Expanding 3G, 4G coverage
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Highest global technological standards
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International providers: T-Systems, BT, Invitel, UPC
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Growing number of data centres
Success story:
ZTE established a new European Regional Network Operation Centre (NOC) and a Call Centre in Budapest. This NOC together with the Call Centre will improve the delivery capacity of ZTE overall in Europe. Based on the new NOC, ZTE can provide high speed, high quality and very effective management services for European telecom operators.
The total investment will be up to 10M Euro in the next 2-3 years and will provide excellent new job opportunities for more than 100 highly educated engineers.
“With its rapid market expansion, ZTE is increasing the scale of investment in the region and has chosen Budapest as the location of the NOC and Call Centre because of the good human resources, the supportive governmental openness and the natural environment of the city.” Press release of ZTE Corporation
Subsectors:
Major Foreign Investors:
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