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Wednesday 17.01.2018 | Name days: Tenis, Dravis
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Infrastructure in Kraslava and Ludza to be developed using EU finances

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUCentral Finance and Contracting Agency and councils of Kraslava and Ludza have signed an agreement for the realization of a project co-financed by the European Regional Development Fund to develop infrastructure in regions and contribute to attraction of private investors, CFLA reports.

That project will be the first of the 2014-2020 planning period to be supervised by CFLA’s Latgale office.

It is expected that the project’s development will allow five companies create 13 new jobs and invest in business development. The project’s realization is planned to be completed by September 2017. Total planned costs are estimated at EUR 723,757.25. This includes co-financing from the European Regional Development Fund – EUR 615,193.66.

The goal of the project in Kraslava is the formation of public infrastructure intended for commercial activities, attraction of private investments and development of the local business environment.

The project also includes reconstruction of Raina Street, Liela Street, Vasarnicu Street and Kalniesi-Stalti municipal road. Those are the roads to provide local traffic and access to properties and manufacturing areas.

In Ludza, the project’s goal is securing sustainable economic growth and creation of new jobs and sorting out local business infrastructure in accordance with Ludza, Kraslava and Cibla municipalities’ development programmes. Infrastructure improvement plans will support more than 20 entrepreneurs active in those territories.

The project’s realization includes plans to attract funding from European Regional Development Fund worth EUR 2,616,528.19. Its realization is planned to commence in spring 2017.

Latgale region office is the first CFLA regional department. Its manager, Liene Amantova-Salmane, adds: «This is a very special day for our office because today marks 13 years since we were founded. These will be the first projects in the third planning period we will work with in Latgale. We are happy and satisfied to be able to work with projects on site.»

Ref: 225.109.109.1477


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