The regular meeting of the Liepaja Special Economic Zone (Liepaja SEZ) Board was held on 19 August this year, at which seven decisions were adopted. These concerned conclusion of an investment agreement, pre-emption rights and approval of auction results. The Board also reviewed and decided to conclude an agreement on the implementation of the reconstruction project for Berth No. 46 and supported participation in the project “Science-Based Solutions for Promoting Climate-Resilient Adaptation of the Baltic Sea Coast.” In addition, the Board amended previously adopted decisions concerning security services and digitalization processes for data processing and analysis.

The Liepaja Special Economic Zone (SEZ) Authority is continuing to improve the infrastructure needed by the fishing industry by constructing an access road to Berth No. 92 at the Port of Liepaja.

Stevedoring company “Mols L” is constructing a new approximately 5,000-square-metre warehouse at the Port of Liepaja, significantly expanding its storage capacity. The total investment amounts to approximately EUR 1.55 million.

“Liepaja has strong potential for the development of the defense industry,” Defense Minister Raivis Melnis said following a one-day working visit to Liepaja.

The Liepaja Port fleet has been expanded with the multifunctional vessel “Līva,” which the Liepaja Special Economic Zone (SEZ) Authority is leasing from LVR Flote, a subsidiary of the Freeport of Riga Authority. LVR Flote was the only company to submit a bid in the procurement process.

As an initial step, the Liepaja SEZ Authority consolidated all properties located within the former Liepajas Metalurgs site, worked together with the municipality to develop a local spatial plan, and began construction of roads and engineering infrastructure. Auctions for the sale of properties are the next step in engaging businesses in the regeneration and transformation of the industrial area, offering them the opportunity to acquire existing manufacturing facilities and renovate or redevelop them to meet the needs of a modern, green-economy business environment.