Chinese Fudan VP to unveil plans regarding their controversial Budapest campus!

• Fudan effect? ​​Chinese capital pushing the Budapest office market

As we reported before,

Budapest’s leadership opposes the construction of a campus of China’s Fudan University

in the city’s 9th district, Gergely Karácsony, the city’s mayor, told a press conference on May 17. Karácsony and Krisztina Baranyi, the mayor of the 9th district, earlier in the day met László Palkovics, the minister of innovation and technology, for talks on the project.

Following talks with the minister, the city leadership can say it is “particularly” opposed to the construction of the campus, especially in the area meant to house a student quarter, Karácsony said. The mayor described the meeting with Palkovics as “long and unproductive”. He said the government had so far been reluctant to share its plans for the university campus, but today it had been revealed that it intends to spend more than 500 billion forints (EUR 1.4bn) in public funds on building an elite Chinese private university in the area of a planned student quarter, which would now have to be smaller as a result.

Karácsony noted that Prime Minister Viktor Orbán had said on the night of the 2019 local government elections that the government accepted the outcome of the vote, and vowed not to launch any investment projects in Budapest which the city’s leadership opposed.

“This means that the Fudan project is off the table, because the city’s leadership doesn’t support it,”

he said. He said an agreement signed between the government and Budapest’s 9th district in December 2019 made no mention of the construction of a university, adding that the deal could only be amended if both sides agree to it.

Further details HERE

Now some of the opposition parties and many NGOs would like to organize a referendum on which people can say no on both the Chinese university and taking up needed to build it.