The project is valued at eight billion forints, with the state funding 15 percent of the cost, thus contributing to the creation of around 150 new jobs in the town. Home and business fiber optics projects typically range from a few hundred to several thousand dollars, depending on run length, fiber type, and labor needs. The main cost drivers are materials, installation time, and environmental factors that affect trenching, conduit, and terminations. This. China's Fiberhome is to set up its largest European base in Hungary, where it will manufacture optical fibre cables, Minister of Foreign Affairs and Trade Péter Szijjártó announced in Beijing on Wednesday. The investment of HUF 8 billion (approx. KISBER, Hungary, March 11 (Xinhua) -- A new.