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10Sep92 HUNGARY: PRIVATE SECTOR BONANZA LIKELY AS GOVERNMENT ANNOUNCES MASSIVE INVESTMENT PROGRAMME.

Hungary has announced plans for a massive 1,121,430 million florints (£7,235 million) investment programme in the next two years covering roads, rail, water supply, sewage treatment and air transport.The improvements are meant to underwrite and further encourage developments in the private sector.The spending plan has been drawn up by a Hungarian government economic strategy committee which admits they are only a list of priorities and have now been properly budgeted.However, the ...

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