Creating Riga Port Development Plan

Business & Finance

The Freeport of Riga Authority said in its latest announcement that they have started work on creation of the ‘Port Development Plan’ for the next decade.

According to the Freeport of Riga CEO, Ansis Zeltins, this will be a comprehensive plan highlighting planned development trends for the Port of Riga over the next ten years, beginning from infrastructure improvement and development of new logistics routes, to sustainable environmental policy.

It is planned to involve not only domestic experts but also internationally recognized specialists in the preparing the development plan of the Freeport of Riga.

The Port of Rotterdam has considerable experience working with various port development projects around the world. For creation of the development plan it is also planned to use their expertise and knowledge,” said Zeltins.

“The growing volume of containers transhipped and the favorable location in the center of the Baltic region should be used to develop the Port of Riga as the largest containerized cargo transit center in the Baltic region, and the experience of the Port of Rotterdam will be useful here.”

“The new development plan of the Freeport of Riga will be created with the aim of regaining the leading position among the Baltic ports and becoming a future container handling center or a so-called ‘hub’ port in the Baltic Sea.”

The new Port of Riga development plan is to be completed by the end of 2018.