- Free ports in Ventspils, Riga, and Liepaja, with total cargo throughput of 60.3 million tonnes during 2018, predominantly transit shipments
- An extensive and functional road network, connecting with both European and CIS road networks, as well as Latvia’s ports
- The shortest route between the EU and the CIS
- Specialized, high-capacity railway corridor linking Latvian ports with Russia and the Far East
- Riga International Airport – a competitive Baltic passenger hub, serving almost half (43 % in 2018) of all airline passengers in the Baltic States; high-speed cargo distribution centre
- Pipeline systems for transit and distribution of Russian oil/natural gas
Total investment - October 2019
- Total financing under the European Fund for Strategic Investments (EFSI) in Latvia amounts to €270 million and is set to trigger €1.1 billion in additional investments
- Infrastructure and innovation projects
- 11 approved projects financed by the European Investment Bank (EIB) with EFSI backing
- approximately €248 million in total financing
- set to trigger €733 million in total investment
- Small and medium enterprises (SMEs)
- 8 approved agreements with intermediary banks or funds financed by European Investment Fund (EIF) with EFSI backing
- €22 million in total financing
- set to trigger approximately €400 million in investments with some 7,300 SMEs and mid-cap companies expected to benefit from improved access to finance
Research and study centre: UNIVERSITY OF LATVIA - The EIB is lending the University of Latvia €30 million backed by the Juncker Plan to build state of-the-art research and study facilities. The loan will help finance the construction and furnishing of two buildings in the new Tornakalns campus. This will bring together a large portion of the university’s activity in one area, making it more convenient not only for the administration, but also for the teachers and students.
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