{"id":17881,"date":"2026-05-12T00:00:00","date_gmt":"2026-05-12T00:00:00","guid":{"rendered":"https:\/\/gruzingeo.com\/a-memorandum-of-cooperation-has-been-signed-in-riga-between-ad-ports-group-and-the-freeport-of-riga-authority\/"},"modified":"2026-05-12T00:00:00","modified_gmt":"2026-05-12T00:00:00","slug":"a-memorandum-of-cooperation-has-been-signed-in-riga-between-ad-ports-group-and-the-freeport-of-riga-authority","status":"publish","type":"post","link":"https:\/\/gruzingeo.com\/ru\/a-memorandum-of-cooperation-has-been-signed-in-riga-between-ad-ports-group-and-the-freeport-of-riga-authority\/","title":{"rendered":"A memorandum of cooperation has been signed in Riga between AD Ports Group and the Freeport of Riga Authority."},"content":{"rendered":"<section class=\"entry-content\">\n<p>At the offices of the Investment and Development Agency of Latvia, the parties cemented a new phase of their partnership across the fields of port infrastructure development, logistics, industrial projects, and digital solutions. This signing marked the tangible outcome of negotiations initiated last autumn during the visit of Latvia\u2019s Minister of Economics, Viktors Valainis, to the UAE. The signing ceremony was attended by representatives from both sides, executives from port companies, and officials from the Embassy of the United Arab Emirates.<\/p>\n<p>The collaboration entails joint efforts across a range of specific initiatives within the Port of Riga: advancing the project for a new RoRo and cruise passenger terminal; developing the Kundzi\u0146sala industrial zone and a wind technology manufacturing complex; unlocking the potential of the Spilve Industrial Park; modernizing the port\u2019s digital systems through the implementation of a \u201cSingle Window\u201d mechanism and port community systems; and conducting preliminary feasibility studies for new investment projects. To facilitate this, a joint working group comprising specialized experts will be established.<\/p>\n<p>AD Ports Group \u2013 which operates in over 50 countries and manages ports, industrial zones, and logistics networks as a unified ecosystem \u2013 views the Baltic region as a strategic gateway to Northern Europe. By the end of 2025, the company\u2019s revenue had reached \u20ac4.8 billion, with assets totaling approximately \u20ac16 billion \u2013 figures that underscore its significant investment potential. The Port of Riga anticipates that this collaboration will attract new investments, boost the volume of ship calls and passenger traffic, and strengthen Latvia\u2019s standing within regional logistics supply chains.<\/p>\n<\/section>","protected":false},"excerpt":{"rendered":"<p>At the offices of the Investment and Development Agency of Latvia, the parties cemented a new phase of their partnership across the fields of port infrastructure development, logistics, industrial projects, and digital solutions. This signing marked the tangible outcome of negotiations initiated last autumn during the visit of Latvia\u2019s Minister of Economics, Viktors Valainis, to the UAE. The signing ceremony was attended by representatives from both sides, executives from port companies, and officials from the Embassy of the United Arab Emirates.<\/p>","protected":false},"author":2,"featured_media":17882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33],"tags":[],"class_list":["post-17881","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-europe"],"acf":[],"_links":{"self":[{"href":"https:\/\/gruzingeo.com\/ru\/wp-json\/wp\/v2\/posts\/17881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gruzingeo.com\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gruzingeo.com\/ru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gruzingeo.com\/ru\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/gruzingeo.com\/ru\/wp-json\/wp\/v2\/comments?post=17881"}],"version-history":[{"count":0,"href":"https:\/\/gruzingeo.com\/ru\/wp-json\/wp\/v2\/posts\/17881\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gruzingeo.com\/ru\/wp-json\/wp\/v2\/media\/17882"}],"wp:attachment":[{"href":"https:\/\/gruzingeo.com\/ru\/wp-json\/wp\/v2\/media?parent=17881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gruzingeo.com\/ru\/wp-json\/wp\/v2\/categories?post=17881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gruzingeo.com\/ru\/wp-json\/wp\/v2\/tags?post=17881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}