Energy, Good for Business, Industry, Investments, Lithuania

When an access road to the site, water supply and a sewage system are built in 2013, land plots will be ready for foreign direct investments, writes LETA/ELTA.

It is believed that investors will find the Kruonis industrial park, which is being developed by Lithuanian Economy Ministry and the public institution Investuok Lietuvoje, suitable for setting up large data centers and developing high-tech, energy production and research projects.

The park's territory is particularly suitable for implementing this kind of projects thanks to the already-deployed infrastructure of Kruonis PSP, which includes reliable telecommunications and stable electricity supply.

Lietuvos Energija, which is purchasing engineering infrastructure design services, plans to build a lit up access road in the park's territory and install water supply and a sewage system.

These improvements are hoped to save potential investors' time and allow them to launch construction works immediately.

"The detailed plan of the Kruonis industrial park has been developed and screening conclusion on environmental impact assessment has been received. The building of infrastructure will make the park more attractive for investors' arrival and the development of the project. This may increase Lithuania's chances to attract big foreign investors, who invest in the field of information technologies, into the region," Dalius Misiunas, CEO of Lietuvos Energija, outlined the project's perspectives.

In 2010, the Lithuanian government declared the project of the Kruonis industrial park as extremely significant for Lithuanian economy and included it into the list of state industrial park infrastructure projects. For the developing of the project's engineering infrastructure, Lietuvos Energija will seek to get nine million litas support from EU structural funds.

The company also plans to allocate its own funds.

Depending on investors' needs, they will be offered a few land plots of 30 hectares in the territory of the Kruonis industrial park. The winners of the tender of supplying engineering infrastructure design services should be known in January 2013. Once the project is ready for implementation, a tender on construction works will be announced as well. The construction works should be completed by the end of 2013.