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Tuesday, 16.04.2024, 18:03
Riga may allocate additional EUR 702,870 for renovation of VEF Culture Center
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The total sum planned for the renovation works is EUR 12,1 million.
The city property committee chairman Olegs
Burovs (Honor to Serve Riga) said that EUR 2 million of the some has come
from the open tender announced by the Environment Protection and Regional
Development Ministry on reduction of greenhouse gas emissions in protected
architectural monuments of national importance. The Riga City Council plans to
attract the remaining EUR 4.25 million from the European Regional Development
Fund (ERDF).
In relation to the latest renovation works, the Riga City Council has to
allocate additional EUR 702,870 excluding VAT or EUR 850,473 including VAT.
VEF Culture Center is an architectural monument of national importance.
Construction of the center continued from 1951 to 1960, and the center opened
on March 1, 1960.
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