Faster route to investment opens up more opportunities for large-scale projects
The conditions for large investors setting up in Lithuania have become even more attractive. Today, the Seimas approved legislative amendments initiated by the Ministry of the Economy and Innovation (EIMIN) to help attract more large-scale, high-value projects and promote balanced regional development.
'Our goal is for at least 30 per cent of new investment to reach Lithuania’s regions, and we are working to ensure that every second job in our country generates high added value. Therefore, the ability to allocate land to major investors more quickly and easily, and to provide more favorable conditions for leasing or purchasing land, enhances Lithuania’s competitiveness further. It is estimated that a single large-scale investment project can, on average, create more than 270 jobs with an average salary of around €3,000', said Edvinas Grikšas, the Minister of the Economy and Innovation.
Under the amendments, large-scale investors may be eligible for a reduction in state land lease tax. State-owned land may also be sold to investors, provided this is not prohibited by other legislation.
Concessions for major investors will apply only to projects that generate the greatest economic benefit for the state. They will have to meet specified criteria regarding investment, job creation and wages. Investments in these projects must amount to at least €250 million, or more than €20 million in Lithuanian regions (excluding the municipalities of Vilnius, Kaunas, and Klaipėda).
According to calculations by the Ministry of the Economy and Innovation, the average investment in fixed assets for a major project amounts to over €88 million, while the average annual contribution to value-added growth per project is €18.9 million. Over the first 10 years of operation, the state receives around €27 million in employment-related taxes from an average large-scale project.
The amendments to the Investment and Land Acts, which were adopted by the Seimas, will come into force on 1 July 2027.
Last updated: 11-09-2026
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