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To accelerate major investment initiatives with significant impact on Latvia’s economic growth, the Latvian government has established the Coordination Council for Large and Strategically Important Investment Projects (hereinafter – the Council).
Chaired by the Prime Minister and composed of line ministers, the Council ensures high-level inter-institutional coordination to eliminate administrative barriers and fast-track the implementation of impactful investment projects.
The Investment and Development Agency of Latvia (hereinafter- LIAA) serves as the Council Secretariat and:
Projects are evaluated individually by a working group led by the Ministry of Economics. While there are no fixed thresholds, key criteria include:
The Council does not maintain an “approved projects list.” Instead, it serves as a strategic platform to address high-level issues affecting major investment projects or the overall investment climate.
Projects or related challenges may be reviewed by the Council if:
If a case qualifies, investors may benefit from:
This approach allows Latvia to respond flexibly and effectively to the needs of key investors and enhances the competitiveness and predictability of the investment environment.
Companies interested in receiving support under the Council framework are invited to contact the LIP Secretariat at: lip@liaa.gov.lv
Alternatively, reach out to your assigned project manager or nearest LIAA regional representative for further guidance and coordination.
Address: 2 Perses Street, Riga, Latvia, LV-1442
Web: www.investinlatvia.org
For more information: invest@liaa.gov.lv
Phone: +371 25710113
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Stay up to date on the weekly newsletters on recent news and activities.
Stay up to date on the weekly newsletters on recent news and activities.