New companies are set to find their homes\u00a0in\u00a0Kundzi\u0146sala, owned by the Port of R\u012bga. It will be one of the largest investment projects in R\u012bga and its suburbs by 2030, Latvian Radio reported on 9th January.<\/p>\n
It is planned that seven new companies will start operating in Kundzi\u0146sala \u2013 cargo terminals, logistics centres, energy companies, and smart manufacturing facilities, which will create 800 new jobs, and state, port, European and private investments will reach at least EUR 500 million. With the decline in transit cargo volumes, ports need to reorient themselves towards other areas of development.<\/p>\n
Ansis Zelti\u0146\u0161, manager of the Freeport of R\u012bga, said that a suitable industrial environment for the development of wind technology and the production of its components will be created on a 30-hectare site in Kundzi\u0146sala, and that this area will be leased to at least two tenants.<\/p>\n
This year, a new port access control point will also be established, ensuring the digital flow of cargo data.<\/p>\n
“The State Real Estate Agency is building a completely new customs, border guard, and Food and Veterinary Service control hub, which will be located in Kundzi\u0146sala. In addition to all this, we are also moving forward with one of the largest investment projects in the history of the Port of R\u012bga, which is focused on renewable energy resources and renewable energy,” said Zelti\u0146\u0161.<\/p>\n
He said that the project has attracted \u20ac65 million in European funding and approximately \u20ac20 million in funding from the port’s own resources.<\/p>\n
Over the next three years, a completely new port infrastructure will be created in the northern part of Kundzi\u0146sala, and several manufacturing companies will be located there.<\/p>\n
“It is clear that the production facilities will create new jobs. Last year, a series of public procurement contracts were concluded, which are currently related to the further development of road, water supply and sewerage infrastructure, and this year we will begin to implement all of the main sections related to cargo areas and the construction of a completely new pier in the northern part of Kundzi\u0146sala,” said Zelti\u0146\u0161.<\/p>\n
Another important aspect is that the Riga City Council’s project for a traffic bridge<\/a> from Tvaika Street to Kundzi\u0146sala will also be completed in the second half of this summer, and the new bridge over Sarkandaugava will be put into operation. Together with the Eastern Highway,\u00a0this will significantly reduce the flow of trucks through the city centre.<\/p>\n Former Minister of Transport T\u0101lis Linkaits believes that due to the decline in transit cargo, all three of Latvia’s largest ports \u2013 Riga, Liep\u0101ja, and Ventspils \u2013 must seek new directions for development.<\/p>\n