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Development Programme

On December 20, 2018, the Freeport of Riga Board approved the Freeport of Riga Development Program for 2019-2028.

In the framework of the port strategic directions - attraction of new cargo, cargo diversification, development of port infrastructure and improvement of port governance model, the Development Program 2019-2028 is focused on promotion of industrialization and the entry of new enterprises in the territory of the Freeport of Riga, as well as on fostering further development of passenger transportation.

Mr. Ansis Zeltins, the CEO of the Freeport of Riga:
 
“Following the global trends, the Freeport of Riga has changed its operational strategy. The times when the cargo was “in search” of a port are gone, in the current situation both the port authority and the companies working at the port shall combine their efforts to attract cargo, to foster cargo diversification and be ready for a change in cargo nomenclature. In our new development plan, we have focused on industrialization – we shall promote development of production and value-added services, as well as more efficient use of the port territory by attracting development projects to the vacant areas of Riga port. ”

The Development Program 2019-2028 includes an assessment of the current situation, market analysis, cargo turnover forecasts, a development strategy with 14 strategic objectives defined, their performance indicators and benchmarks. The strategic objectives are formulated and structured in accordance with the four main areas of activity of the Freeport of Riga Authority: cargo handling and passenger transportation, value added services, industrial and territorial development, infrastructure development and innovation, and port governance.

The Freeport of Riga Development Program 2019-2028 was developed in compliance with the Law on Ports engaging international experts from the Port of Rotterdam and SIA “Grant Thornton Baltic”.

icon Development Programme 2019-2028