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Klaipeda FEZ Management Company Implementing an EU-funded Infrastructure Project
The Klaipeda Free Economic Zone Management Company is actively monitoring the global trends in economic development and seeks to maintain its competitiveness by catering to R&D and innovation-driven companies. The production and services by such companies carry higher added-value and, consequently, positively contribute to national and regional economies.
For these reasons, Klaipeda FEZ seeks to attract foreign companies that would carry out R&D activities. Consequently, a project that would invest in Klaipeda FEZ infrastructure needed for this goal is planned.
The project aims for upgrades in four directions: energy infrastructure, transport communications, network infrastructure and marketing measures.
The project is financed by the European Regional Development Fund.
Project name – Klaipeda FEZ infrastructure development to attract foreign direct investment in smart specializations.
Project goal – to build an environment needed to attract FDI in smart specializations.
Project executor – UAB Klaipeda free economic zone management company.
Total project scope – 1 032 244,04 Eur
European Regional Development Fund contribution up to – 1 015 302,86 Eur
Project signing date – 2020 05 25
Project measures start – 2020 01 20
Project end – 2022 11 15
More in Lithuanian HERE.