Duna Aszfalt addresses its African projects and financing

Duna Aszfalt Zrt. has fully embraced the risks associated with its African projects, opting for bond financing where the company itself is directly responsible for repaying the loan, not the African project company. This structure means that should the project falter, the Duna Aszfalt group must bear the entire financial burden, shielding taxpayers from any losses.

The company highlighted that the bond's subscription interest rate is significantly above market standards, incorporating a substantial risk premium. This financial arrangement is designed to generate profits for both the state and taxpayers. The decision to proceed with this financing structure was made by the Ministry of National Economy, exercising its ownership rights over Eximbank, rather than the bank's internal board.

Economically and socially, the projects are projected to have a significant impact. During the construction phase, an estimated 5,000 individuals will gain employment. Indirectly, the ventures are expected to sustain the livelihoods of 20,000 to 30,000 people, thereby mitigating migratory pressures. Furthermore, over 1,000 local residents will receive training in agriculture, finance, and safety, aimed at improving their quality of life.

Engineering assessments suggest that the project sites will permanently serve as hubs for bridge, road, and border operations. Experts anticipate that these areas could potentially develop into cities over the coming decades, indicating long-term infrastructure development and economic growth stemming from Duna Aszfalt's African ventures.