Ministry of Finance has submitted the large-scale infrastructure project on relocation of the Riga Port activities to Krievu Island for approval in the European Commission

Total costs of the project are ~ 130 million Lats, ~75 million Lats of which is financing of the Freeport of Riga Authority, but ~ 54 million Lats – financing of the Cohesion Fund.

The key objective of the project is to eliminate the degradation of environment caused by the port activities, because currently majority of the activities of the Freeport of Riga are performed at Andrejosta and Eksportosta that are located in near vicinity of the historical centre of Riga on the northern bank of River Daugava.

Port terminals are planned to be relocated to a territory currently not being used in the northern part of Krievu Island. Thus, part of activities of the port would be transferred from the centre of city and the right bank of River Daugava to Krievu Island, balancing shipments on both banks of River Daugava and decreasing movement of ships in the vicinity of the centre of Riga City.

Establishment of the infrastructure of port comprises a 56 ha wide territory equipped with 4 transshipment berths of bulk cargos (coal, metal, ore etc.). The project envisages also construction of all necessary access roads of motorways and railways, as well as engineer-technical communication within the borders of the port.

It is envisaged that the port will begin its operation in Krievu Island in 2014. The traffic flow in the territories of Riga and Pieriga will not be burdened during implementation time of the project or after its completion.

Currently Latvia has submitted six large-scale projects of EU funds in the EC (five in the field of traffic and one in the field of environment).

More information about the large-scale projects of EU funds is available in section „Large-scale projects of planning period 2007 – 2013”.