In Latvia, the cities of Jelgava, Ventspils, Liepaja, and Daugavpils have been given the green light for the construction of new industrial parks – multi-million projects supported to receive funding from the EU Recovery Fund. Daugavpils could be more attractive to investors than other regions because of lower wage levels there, LIAA reports.

This month Daugavpils municipality has received approval from the Central Finance and Contracting Agency for the plan to invest a total of EUR 22 million in the Daugavpils airport territory. The funding will be used to repair access roads, build engineering communications, and build one large production building: the latter will be divided into several blocks with the possibility of developing production for at least three production companies.