The development is linked to Miskolc’s northern industrial park.
The successful applicants for phases II and III have been announced.
The plans affect Király Street, Rákóczi Road and the Corvin Quarter.
Significant road upgrades could start around the southern triple border.
Several railway and road bridges will be built in future projects; 24 kilometres of the 32 main road will be widened to four lanes.
This will effectively extend the four-lane section out of the city by 2.35 kilometres, currently up to the 4808.
In the Kisalföld, Bakony, near the capital and Szeged, Magyar Közút Nonprofit Zrt. will start design works for new and existing roads.