Klaipeda Port launches southern expansion: start of design work on 100 hectares and acceptance of applications from operators and investors.
The Port of Klaipeda has launched one of the largest projects in its history – the development of the southern part of the water area. Technical designers are already working on engineering solutions for an area of 100 hectares, and a construction permit is expected to be received by the end of the year. The port has officially opened the acceptance of expressions of interest from local and international terminal operators, industrial developers and investors, outlining the expected commercial framework and PPP model. “The southern development is an important step for the port and the whole of Lithuania: it means new jobs, additional income and growing interest from investors. The preparation of technical design is a key and complex stage that requires comprehensive solutions and coordination of interests of many parties, for which we are fully prepared,” said Algis Latakas, CEO of the Klaipeda Port Authority.
