Grandiose plans in Klaipėda: Lithuania’s territory will increase by over 100 hectares

Grandiose plans in Klaipėda: Lithuania's territory will increase by over 100 hectares

The Cabinet of Ministers on Wednesday approved the initiative of the Ministry of Transport, which will allow investors who pay at least 300 million euros in advance to lease the future port area for up to 50 years and thus contribute to the development of a 100 ha area.

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The draft law on the implementation of the Klaipėda State Seaport southern part development project will be submitted to the Seimas for consideration.

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