HIPA is well known as very first “window” for investment that you would commence in early stage, also it’s related to construction topics as well
The purpose of HIPA is to support foreign investors that would step into Hungary and coordinate all process over investment steps and incentives and benefits such as corporate tax reduction, education and training expenses support, and investment payback. These incentives require to follow under EU guidelines and approvals.
Another task lead by HIPA is to introduce the construction site, which is connected with local governments and real estate companies, where is intended to boost up economic conditions and high unemployment rates in specific area.
Recently the region around Western Europe(mainly west side of Budapest) is saturated due to high demand and business of foreign investment in Hungary, so that HIPA tends to recommend the eastern and southern sites.