Page 586 - ePaper

street ESI funds.
reconstructio A project
n management unit
will supervise the
project’s planning
and implementation
under the close
supervision of the
promoter and the
relevant Ministries.
23. Transport Corridors Integration Riga City Council Integration of Riga city Yes Timing Estimated Constructi Barriers:
and missing of Riga city and Freeport of Riga 2014-2022 1,5 billion on (works) Insufficient
st
links and Freeport into TEN-T network: Included completed EUR of 1 funding; long
of Riga into Riga Northern transport in feasibility segment of period of project
TEN-T corridor Sustaina studies, the Riga implementation;
network: ble environme Northern requires acquisition
Riga Develop ntal impact transport of land
Northern ment assessment corridor.
transport Strategy , project Estimated Solutions:
corridor of Latvia incorporate financial There's a possibility
until d in the investment to evaluate to attract
3
2030 ( spatial plan 150 CEF financing and
in order (for million combination with
to follow example - EUR. EIB loans Possibly
up the Developm PPP financing
particula ent plan of mechanism.
r the Riga A project
objective city). management unit
project will supervise the
has been According project’s planning
indicated to and implementation
in the indicative under the close
Riga implement supervision of the
long- ation plan promoter and the
term of the relevant Ministries.
developm project
ent until the
strategy end of
until 2015 must
2030) be
elaborated
detail
design for

3 Objective - To strengthen international competitiveness of Latvia and its regions by increasing the role of Riga as metropolis of Norther n Europe and international role of other largest cities of the state