Hungarian Investment Promotion Agency

The American Chamber of Commerce in Hungary (AmCham Hungary) and HIPA have been jointly organizing the Business Meets Government Summit (BMG) for more than ten years, which by now has become a key platform connecting investors and policymakers as Hungary’s leading advocacy forum. Since 2015, the meeting has brought together the expertise of more than 200 leading figures from academia, top investors, and government with the aim of making Hungary more sustainable and competitive.

In his opening speech, István Joó emphasized that despite the constantly changing global economic circumstances, Hungary has remained an investor-friendly country – perhaps the most investor-friendly in Europe. As he pointed out, low taxes, competitive education, and physical and legal security have made it possible to achieve record investment levels in recent years.

- pointed out the Government Commissioner responsible for investment promotion and the implementation of major investments in Hungary.

The results of the economic transformation launched after the 2010 change of government are now visible. HIPA has never negotiated as many R&D or BSC–related projects as in 2025, and it can also be stated that there has never been such potential for the implementation of Hungarian-owned projects as now – which clearly shows that through foreign investors, Hungarian companies are also strengthening rapidly.

- underlined István Joó.

The CEO stated that the tasks of the Hungarian Investment Promotion Agency are clear. The Agency’s key objective is to promote the economic convergence of Hungary’s southern counties, to advance investments related to further R&D and BSC projects, and to attract to Hungary those medtech, biotech, or AI-related investments that are still missing from the Hungarian industrial ecosystem.

At the end of his speech, István Joó announced that according to the decision of the Association of Business Service Leaders, Hungary and HIPA have been granted the right to host the 2026 ABSL European Forum, which clearly illustrates that the BSC sector in Hungary is significant and continuously expanding.

At this year’s BMG Summit, participants can also learn about AmCham’s new policy agenda for the period 2026–2030, which serves as a strategic roadmap to guide advocacy efforts aimed at strengthening Hungary’s global competitiveness.