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Friday 23.08.2019 | Name days: Valgudis, Ralfs, Vitālijs
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Builder: poor use of EU co-funds hinders construction revival

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Baltic news, News from Latvia, BNN-NEWS.COM

If all the money provided by the EU structural funds in Daugavpils was made use of, each and every builder in the city would be employed. Unfortunately this money is not used enough due to lacking co-financing or other reasons, Daugavpils construction company SIA Gādība Executive Director Jevģēnijs Vasiljevs (Vasiļjevs) told in an interview with the business portal Nozare.lv.

He explained Daugavpils University reconstruction for 17 million lats and Daugavpils Fortress reconstruction for 25 million lats have been postponed to 2011. «These are the major projects, tens of millions lats EU co-financing is not made use of,» stresses Vasiljevs.

He believes if such major projects, planned already a long time ago, as police training centre and Mark Rothko Art Centre had been started, this would also have boosted construction work revival. Houses insulation would also activate the power mechanism propelling construction recovery, says Vasiljevs.

All houses in Daugavpils have to be insulated, while currently only some of them are; however the majority of buildings in Daugavpils are of series 437 and they are like sieves, which means that supplying heat to them is like supplying heat to streets and the surrounding air. For example, the former German Democratic Republic has insulated all Soviet-era apartment buildings. Why can’t we do that?» asks Vasiljevs.

He believes it should be realized construction is the driving force of the national economy development. «We are not alone after all, there are tens and hundreds of companies closely linked with builders, that is a whole complex,» explains Vasiljevs.


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  1. Boo says:

    One has to be good at acquiring EU funds.

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