$41.2 million is to be invested into port reconstruction
Published:
2 January 2002 y., Wednesday
Budget 2002 adopted by the Lithuanian Ministry of Communications provides for Klaipeda Port to earn $27 million and receive almost as much in credits from Lithuanian and foreign banks.
Kestutis Bartkevicius, director general of the port, informed that the overall earnings and credits may amount to $56 million. The port plans to obtain a $7 million credit against the state guarantees with the International bank of reconstruction and development for the port gate reconstruction program, and $9 million with European Investment Bank for the reconstruction of Berths 5,6.
The port management plans to cut the operational costs, the management salary and bonus funds, cleaning the port territory, and navigation equipment repair by $300 thousand. $41.2 million is to be invested into the port reconstruction. The overall sum of credits for this purpose to be obtained from both Lithuanian and foreign banks amounts to $12 million.
According to Vytautas Kaunas, port reconstruction project manager, tenders for port reconstruction works have already been announced.
Šaltinis:
SeaNews
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Today, the Commission published a Communication which outlines the most serious tax problems that EU citizens face in cross-border situations and announces plans for solutions.
more »
The European Commission has opened a formal investigation under EU state aid rules to examine a number of support measures, including several capital injections and shareholder loans, that the Hungarian authorities granted to Malév-Hungarian Airlines in the context of its privatisation and subsequent renationalisation.
more »
Internet and lax customs enforcement drive growth of 600 billion US dollar counterfeit goods industry.
more »
350 million people rose out of poverty in the past decade, but 1.4 billion are still extremely poor, says the latest report into rural poverty.
more »
New plan sets out action to reach 75% employment target for the EU by 2020.
more »
Research Ministers of the EU Member States and Associated Countries, together with the European Commission, are announcing in Brussels today three new pan–European energy research infrastructures.
more »
Algirdas Šemeta, Commissioner for Taxation, Customs, Audit and Anti-fraud, is visiting Moscow today to discuss ways in which customs cooperation between the EU and Russia can be reinforced.
more »
Following on from Monday's debate with ECB President Jean-Claude Trichet, MEPs on Tuesday adopted a resolution, by a show of hands, gauging the ECB's performance in 2009 and suggesting actions to be taken in view of the economic situation.
more »
The European Parliament today approved €10.5 million in European Globalisation Adjustment Fund aid to over 3,000 people in the Netherlands who lost their printing and publishing sector jobs last year, due to the economic crisis.
more »
A diamond-studded gold coin engraved with a picture of the Taj Mahal and worth 100,000 euros is unveiled at the Paris mint.
more »