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International Internet Magazine. Baltic States news & analytics Friday, 29.03.2024, 09:03

The Freeport of Riga fails signing agreement with Riga Central Terminal on Krievu island

BC, Riga, 14.11.2014.Print version
The Freeport of Riga has still failed to sign an agreement with the second leaseholder of Krievu Island – Riga Central Terminal, and, as Transport Minister Anrijs Matiss (Unity) said in an interview with LETA, if this continues, European Union funds will be lost and the financial burden will lie on the port's budget.

Asked whether he is preparing to interfere in solving this issue, Matiss said that the port's board and authorities should tackle this case on their own. "There have been no results so far, but as far as I know, negotiarions are still in progress. The schedule stipulates that the agreement has to be signed by December. There is no reason to meddle in these processes now," the minister explains.

 

He urged the port authority and the said company to continue debate and sign the agreements. "We cannot lose this project. If we fail to acquire funding from the European Union, the financial burden will lie on the Freeport of Riga, which would not be right," the minister stresses.

 

With both parties failing to sign the agreement, European Union funding will be stopped and the project discontinued. "A contract has already been signed with the construction workers; they are already working on Krievu Island. A large part of the port has already been finished. When the construction job is over, someone will have to pay for them," Matiss said.






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