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Sunday 20.08.2017 | Name days: Bernhards, Boriss
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Riga Freeport will have to report on the progress of Krievu Island project more often

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUTransport Ministry explains that in accordance with the European Commission’s 30 March 2015 decision, Riga Freeport authority’s realized infrastructure development project on Krievu Island has been given the status of a non-functional project.

The project’s realization term has been extended until the end of 2018.

To ensure successful realization of the project and accomplishment of its goals, the Cabinet of Ministers has decided to establish a duty for the recipient of the funding to make regular reports on the progress of project once every quarter.

The government reports that, considering the relatively small period of time left until the end of the term for the realization of the project, it has been decided to make it mandatory for the recipient of the funding to make regular reports to Transport Ministry and Finance Ministry about the progress of the project’s realization, completion of the action plan and any problems associated with the project’s realization.

On Tuesday, 18 April, the government approved relevant amendments to Cabinet of Ministers requirements.

Last year, State Audit concluded its audit about Riga Freeport’s realized infrastructure development project at Krievu Island. It was concluded in the audit that it will not be possible to accomplish the project’s initial goal stated in the project’s design documents and application for EU funding. Such a situation creates a risk of correction for EU co-financing for up to 100% of the allocated EUR 77.2 million.

Riga Freeport authority’s Development Department’s director Ivo Dubkevics reported this March that the freeport’s management has made multiple important decisions in relation to the future of Krievu Island project, thereby drawing the project’s goals closer to completion and preventing the risk of funding corrections from the European Commission’s side.

EC plans to assess the Krievu Island project in March 2019.

The government states that the goal of the relocation of port infrastructure to Krievu Island from the city centre will help protect Riga’s historic centre from pollution and noise caused by daily cargo transshipment operations.

Ref: 225.109.109.5992


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