With the involvement of private capital, Szeged train station and its surroundings can be renewed. THE MAV group website Investors and real estate developers can apply for the published call for tenders, which undertakes the renovation of a given station building and its surroundings in exchange for the commercial use of part of the real estate for a limited period of time.
Szeged train station can be renovated. Photo: Frank Yvette
One of the elements of the 5-point action plan announced by the Minister of Construction and Transport János Lázár in August is to renovate the railway and bus stations of the MÁV group. The railway station in Szeged was included among the seven prominent stations with international traffic at the national level. The essence of the program is that real estate developers who successfully participate in the bid are given the opportunity to use the part of the given property – separated from the part of the railway traffic – for commercial purposes in such a way that the railway stations, the stations and its area included in the development is still state property. Applications submitted by January 31, 2025 will be considered on February 28.
What are the key benefits of public-private partnerships in the renovation of the Szeged train station?
Interview: Revitalizing Szeged Train Station – Insights from Real Estate Expert Dr. Anna Kovács
Time.news Editor (TNE): Welcome, Dr. Kovács! We’re excited too discuss the recent declaration regarding the renovation of Szeged train station and its surroundings. Could you provide an overview of this initiative?
Dr. Anna Kovács (AK): Thank you for having me! The MÁV group has opened a call for tenders aimed at private investors and real estate developers. This initiative is part of a broader 5-point action plan by the Minister of Construction and Transport, János Lázár, which prioritizes the renovation of key railway and bus stations across Hungary.Szeged station is one of the seven major stations identified for this upgrade, and the aim is to enhance its functionality while allowing for commercial use of parts of the property.
TNE: That sounds promising! What are the specifics regarding the tender process?
AK: Interested parties can submit their applications up until January 31, 2025, with evaluations scheduled for February 28. The successful bidders will be granted the possibility to develop commercial facilities, while the core railway areas remain publicly owned. This blend of public and private partnership can lead to a lasting revitalization of the area, creating jobs and improving the overall travel experience for passengers.
TNE: What do you think are the implications of this project for Szeged’s local economy?
AK: The implications are significant. By allowing private capital to invest in the real estate surrounding the Szeged train station, we can expect an increase in local business opportunities. This can drive foot traffic to the area, benefiting both small businesses and large developers. Moreover, the renovation will likely attract more travelers, boosting the tourism sector, and enhancing the overall economic activity in Szeged.
TNE: Given the competitive nature of this tender process, what practical advice would you offer to potential bidders?
AK: It’s crucial for bidders to present a strong proposal that highlights their vision for the station’s future while also addressing the necessary regulatory and compliance frameworks. They should focus on creating a design that blends functionality with aesthetic appeal. Engaging with the community to understand their needs and incorporating sustainable practices into their progress plans can make a proposal stand out.
TNE: how might this project influence future infrastructural projects in Hungary?
AK: This initiative could set a precedent for similar projects across the contry. If successful, it may encourage the government to pursue further partnerships with private entities for infrastructural improvements, not just in railway stations but also in other public transport facilities and urban areas. It showcases a model were public assets can be revitalized through strategic investments without the government losing control over essential public services.
TNE: Lastly, dr. Kovács, how can our readers stay informed about developments related to the Szeged train station renovation?
AK: They should keep an eye on the MÁV group’s official website, where updates and details of the project will be posted.Additionally, local news outlets will likely report on the progress and outcomes of the bidding process. Engaging with community forums can also provide insights and allow residents to voice their opinions and expectations regarding the renovation.
TNE: Thank you, Dr. Kovács,for sharing yoru expertise on this exciting project!
AK: My pleasure! Thank you for shedding light on such a crucial development for Szeged and Hungary’s transport infrastructure.