Gordon Bajnai, Minister for National Development and Economics having received many applications from Hungarian towns to house the planned facility of Indian Apollo Tyres Ltd. initiated a declaration, that has been signed by 27 municipalities in the first two days. In their joint statement the undersigned Hungarian towns express their intention to welcome Apollo’s investment at their industrial parks, after negotiations have failed to secure the development in the Hungarian town of Gyongyos. Minister Bajnai has also announced to launch the Towns for Investments Movement, that aims at educating municipalities and exploring their capabilities in attracting more foreign direct investment.