Construction, EU – Baltic States, Financial Services, Funds, Latvia, Real Estate
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Thursday, 28.03.2024, 20:23
EUR 2.3 bln worth of EU co-financed projects approved in Latvia so far
The Finance Ministry said that EUR 329 mln or 7.5% of the
financing had been disbursed so far. Disbursements in May and the first half of
June were mostly made under the projects concerning transportation, employment
and education.
One of the biggest projects for which the contract has been
signed recently is the renovation of the Daugava Stadium in Riga.
Multi-functional cultural and sports facilities will be built and renovated
under the project that would receive EUR 37.5 mln of the EU funds.
The ministry stressed the importance of stepping up the
implementation of the EU co-financed projects by 2018. To help the existing and
potential beneficiaries of the EU funding, the ministry organized six seminars
about good practice in implementation of the EU funded projects by the end of
May this year. The seminars, organized in Riga and other parts of Latvia, were
attended by more than 400 participants in person and over 500 people watched
the live broadcasts online.