Construction of new Budapest Airport terminal starts in 2025, says economy minister

Budapest Liszt Ferenc International Airport (Budapest Airport) is Europe’s fastest-growing airport, National Economy Minister Márton Nagy said at an awards ceremony late Tuesday.

Speaking at the Michelin Guide ceremony, Nagy said Budapest Airport passenger numbers would approach 18 million in 2024. He added that the state had made a “good deal” when it bought back a controlling stake in the airport’s operator.

Budapest Airport from a bird's eye view (Copy)
Photo: FB/Budapest Airport

Annual passenger numbers are targeted at 20 million by 2030, he said, adding that ground would be broken for the construction of a third terminal at the airport in 2025.

Nagy noted that the tourism sector generated close to 12pc of Hungary’s GDP and 10pc of central budget revenue and pointed to government measures to support the sector such as a tax exemption for tips.

He acknowledged the prestige enjoyed by local restaurants included in the Michelin Guide.

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