The Freeport of Riga Authority together with port companies is making plans for future development
The Freeport of Riga recently conducted its annual management meeting with stevedores, focusing on the port’s performance in the current year and outlining plans for the future. The port’s growth strategy emphasizes not only cargo handling but also ongoing digitization, industrial cluster development, and substantial investments in infrastructure. Notably, the containerized cargo segment experienced a 7% increase, and the agricultural cargo segment grew by 15%, contributing to a potentially record-breaking year for the Port of Riga. Investments in infrastructure development by port merchants reached EUR 30.6 million in 2022 and EUR 166 million over the last five years.
