Investment Projects Proposed by State or Local Authorities

No	Sector	Type of Activity/ Project Name	Short Description	Investment Type	Required Investment (EUR)
1.	Public recreation/residental real estate	Lucavsala Recreation and Amusement Island	Project owners plan to create a new recreation and entertainment project on an island in river Daugava, which is planned to be implemented by using public and private partnership principles.Total area of Lucavsala island is 143 ha with a building area of 73 ha.The planned project is supposed to be created in several zones, which can be developed in different timeframe and stages.	Financial investment	1 Bln
2.	Transportation and logistics	Development of Daugavpils International Airport	Project aim is to convert the regional airport to the international cargo and transit center using the geographical advantage of the most eastern airport of the European Union.Local municipality is going to develop new industrial site next to the airport and railway transport knot, planned plot is owned by municipality.	Strategic or financial investment	up to 60 Mln
3.	Transport and Logistics	Development of logistics and production sectors in Jelgava	City council aims to ensure development of unutilized industrial territory owned by municipality and link it with economic activities, promote attraction of investments and development of business sector, and position Jelgava as a logistics centre of national importance.Jelgava is located in the central part of Latvia only 40km from capital city Riga - the largest city in the Baltics with a seaport.	Strategic or financial investment	7 Mln