EIMIN: €5 million allocated to improve roads to industrial areas

The Ministry of Economy and Innovation has allocated €5 million to three Lithuanian municipalities selected through a tender process to build and manage roads leading to industrial areas and free economic zones (FEZs). The funds are earmarked for Kaunas and Kėdainiai districts, and Klaipėda city municipalities. 

‘This second year of the competition for municipal infrastructure projects not only contributes to improving the quality of local roads, but also attracts more investment from high value-added manufacturing and service companies. We tentatively estimate that the completion of the projects by these municipalities will create around 5,260 new jobs and attract over €630 million in investment’, said Aušrinė Armonaitė, Minister of Economy and Innovation. 

More than EUR 1 million has been allocated to Kaunas District Municipality, which has planned to expand local streets leading to the Kaunas FEZ areas and where jobs will be created. 

Kėdainiai District Municipality has been allocated almost EUR 2.5 million for the renovation and development of public engineering infrastructure important for business.

 Also, EUR 1.5 million will be provided to the Klaipėda City Municipality, which will implement the project in the area of Baltijos pr., Šilutės pl. (including the stretch to the Dubysa st. entrance) and the Vilniaus pl. roundabout project. 

‘A total of 25 road project applications were received. However, the ones that will create the most value for municipalities were selected through a competitive process. In addition, applications that are on the priority list but are not funded this year will be available for the next calls’, said Karolis Žemaitis, Deputy Minister of Economy and Innovation. 

In 2022, €5 million was allocated to Kaunas District, Šiauliai City, Kėdainiai District and Klaipėda City municipalities.