“With this agreement, we further strengthen the Port of Klaipėda to remain a leader in progress, sustainability, and innovation in the Baltic region. The European Investment Bank’s financing will be a significant boost for port development, the maritime industry, and green energy. These are investments that create long-term value for Klaipėda, strengthen the region’s economic potential, and contribute to the security of the entire country,” says Minister of Transport Juras Taminskas.
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The EIB loan will be invested in modernizing and expanding port infrastructure, clean energy infrastructure, dual-use solutions that will enable more efficient logistical support for allied naval vessels.
“The Port of Klaipėda is one of Lithuania’s strategic infrastructure links – it ensures important national economic, energy, and security interests. The signed European Investment Bank financing provides an important impetus to implement projects that shape the port’s present and future – from the construction of the dual-use Cruise Ship Terminal, quay electrification to other solutions that enhance competitiveness, sustainability, and resilience,” emphasizes Algis Latakas, General Director of the Klaipėda State Seaport Authority.
The EIB loan will cover up to half of the project costs, with a total value of about 200 million euros. The granted loan will ensure the Port of Klaipėda’s ability to increase operational capacity, achieve set green goals, and enhance Lithuania’s attractiveness. The financing provided by the EIB demonstrates significant trust from the international financial institution in the development strategy of the Port of Klaipėda and its importance to the region.
“Few things illustrate Europe’s priorities as clearly as the Port of Klaipėda,” said EIB Vice President Karl Nehammer. “This is an investment that directly contributes to European security while also responding to the green transition direction.”
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Few things illustrate Europe’s priorities as clearly as the Port of Klaipėda. This is an investment that directly contributes to European security while also responding to the green transition direction.
The Port of Klaipėda is part of the EU’s Trans-European Transport Network (TEN-T). Modernized quays and other port infrastructure will further contribute to positioning Klaipėda as an important logistics center.
The EIB Group is the European Union’s financing institution, owned by 27 member states, and one of the largest multilateral development banks in the world. In 2025, the EIB Group signed contracts for 100 billion euros of new financing and advisory services for more than 870 projects. The EIB’s activities cover eight main EU priority areas, including climate policy and environmental protection, digitalization and technological innovation, security and defense, agriculture. The EIB Group not only provides long-term loans for large infrastructure projects but also helps attract private investments into innovative projects and businesses.
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