Leading sector in terms of the number of employed is trade, engaging approximately 15%, followed by transport and logistics - 11%. 11% of all employed are engaged in manufacturing. Riga is an educational centre of Latvia - 83% of all Latvian students study here. The educational opportunities in Riga, from pre-school up to the highest level of education and life-long learning, are provided by the municipality and state, as well as foreign and private institutions. There are 11 state and 15 private (including two foreign branches) higher educational institutions in Riga, as well as 10 state and 9 private colleges. Riga is also home to several research institutions, majority of which are associated with the University of Latvia and Riga Technical University.
Riga Free Port offers Corporate Income Tax and Real Estate Tax allowances. Several industrial parks are available in Riga and Riga region that can be used for rapid business development. City’s infrastructure is continuously developing with such important project underway as highway connecting Riga Free Port to Via Baltica. Riga International Airport is also further developing its infrastructure in order to achieve the target of 20 million passengers by 2025. “Rail Baltica” line project is being designed in order to connect all three Baltic States with European railway network.
Municipality can offer:
If you have selected Riga as best potential location for your investment project, please fill out our Investment Project Assessment Form, and our Investment Promotion Team will be glad to help you with your business development.