Kurzeme Planning Region

Kurzeme has a special geopolitical location on the Baltic Sea coast, in the East-West transport corridor. It is a border area of the Baltic Sea region and in the Latvian context – an open sea region with national significance railway and road connections, ferry ports and potential air transport development.

The longest sea border in the country - 350 km
Two non-freezing ports - Liepaja and Ventspils
TEN-T European and comprehensive transport core networks
Two Special Economic Zones - Liepaja and Ventspils
International airport in Liepaja

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Latgale Planning Region

Region is one of the key road and rail transit points in Latvia, connecting Russia, CIS and Asian countries with Western Europe and the world. Transport infrastructure facilitates supply of raw materials and product distribution. Region is also called the land of blue lakes, being proud of its pristine and green environment.

Abundant forest resources – 561.8 thou ha (39% of the total area of the region).
Agricultural land occupies 45% of the region's territory.
EU eastern border with Pskov region of Russia and Vitebsk region of Belarus.
400 mln customers within a 2-hour flight.
Rezekne Special Economic Zone and Latgale Special Economic Zone.

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Riga Planning Region

Region is a major driving force for the growth of Latvia and the Baltic's. Being a central region of Latvia with the state capital Riga it greatly impacts the country’s economy, tourism, culture and education. Region has an extremely high growth potential to become a future platform for smart and creative development.

Region has become an important air, land, sea and rail hub.
3rd populated metropolitan area in the Baltic Sea region.
High potential for developing innovations combined with high quality services.
Most popular region among international travelers.
More than 80% of FDI in the country target Riga and its surroundings.

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Vidzeme Planning Region

Region is located in the northeastern part of Latvia, bordering Estonia and Russia. It is crossed by international transport lines connecting to Riga, Russia and Estonia. Educational institutions focus mainly on smart specialization, adapting to market requirements and offering jobseekers high level education.

52% of jobseekers have a vocational or higher education.
Widely available (up to 10%) free labor resource.
Opportunities to receive discounts on land or premises rent in municipalities.
Opportunities in small counties - 25 largest companies are located in different municipalities.
Highly developed fields of wood processing, food processing, agriculture and IT.

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Zemgale Planning Region

Located in the central part of Latvia close to Riga. It has a well-developed road network. It borders with all other planning regions. Longest border is with the neighbor – Lithuania. Good location and availability of motor, railway, oil and gas highways offers high potential for production and logistics development in the region.

The most important area of agricultural product processing and production.
Stands out with a developed manufacturing and processing industry.
The region has science centers with high potential for innovation development.
The most advanced veterinary medicine clinic in Baltics is located in Zemgale.
The region is an important transit point on a national and Baltic State level.

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Real estate map

Latvia is a good location for companies from almost every sector. However, every sector comes with specific real estate requirements. Search through database to find real estate options that fit your business needs and get in touch with us for assistance.

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Real estate for your business

If you are interested in the latest trends of the Baltic property markets, please get acquainted with the most recent market reports of the key players in the region.

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Special Economic
Zones in Latvia

Latvia has 5 special economic zones
(in Riga, Ventspils, Liepaja, Rezekne and Latgale)
for the benefit of entrepreneurs

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Key sectors

Woodworking

52% of the territory of Latvia is covered with forests

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Engineering and metalworking

1/4 of manufacturing industry in Latvia

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Transport and storage

Lowest port fees in the Baltic Sea region

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Food processing

High quality and recognition by international standards

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Green technology

Latvia produces 40% of its inland annual energy consumption from renewable energy (3rd in EU)

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Life science

Strong manufacturing base in fine chemicals, pharmaceuticals and even genome sequencing

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Healthcare

Latvia`s clinics combine professional knowledge, state of the art facilities and the latest technologies

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Bio medicine

Standardized medical data lake and genome sequencing

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Information and communications technology

5G pioneer in Europe

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Global business services

Low GBS saturation rate - easy to enter, easy to scale

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Smart city

Testbeds for IoT sensors and 5G connectivity

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Smart materials and photonics

World’s leading provider of fiber optic products

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Visma Labs

“Visma is very satisfied doing business in Latvia. Visma entered the market in 2014 and has since then grown the business in the country. Latvians are hard working, reliable, they adapt easily to different cultures and deliver all tasks in high quality.”

TietoEVRY

“At TietoEVRY in Latvia we are setting new standards as we focus on attractive work environment. More than 750 of our employees have a modern work model – open-plan office, flexible working hour concept, fruits in the office, and psychologist counseling included in the insurance policy. We, Tieto Latvia, are an employer with a balance between work and leisure.”