Latvia has become one of the most important long-term investment destinations in the region – Ingka Investments, the investment arm of Ingka Group (the world's largest IKEA retailer), has agreed with Sweden's largest forest owner association, Södra, to purchase 135,000 hectares of forest land in Latvia and 18,000 hectares in Estonia. "Ingka Investments is a Netherlands-based foundation that manages funds worth EUR 27 billion and plans its investment strategy for a period of 50 to 100 years. The decision of such a high-level investor to invest in Latvia is a high assessment of our country's investment environment and, at the same time, a positive signal to other investors who are evaluating opportunities to invest in our region," emphasizes…