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 – 2023 07 31

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