New Riga suburb planned with trade, IT

Published: 5 November 2000 y., Sunday
Property company SIA Saliena Real (LAT/NOR/UK) will invest at least USD 50m in developing an area of 500 hectares in the city of Pinki, which is on main road between Riga and the resort town of Jurmala. The company has plans to combine the building of housing with construction of premises aimed at light industrial companies, businesses in trade and service, plus IT companies. Saliena Real has so far earmarked 1,6m m2 for offices and business tenancies, 1,2m m2 for public areas such as parks and other recreational areas, 1,0m m2 for homes and 0,6m m2 for high-tech companies. In the first phase of construction, which begins in spring 2001, Saliena will develop some of the area that targets high-tech companies and companies in trade, service and entertainment. According to Turmud Stene-Johansen, the area is to be developed with an eye to attracting a number of new foreign investors.
Šaltinis: ballad.org
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

EBRD and Latvia has signed an agreement on purchase of Parex banka’s shares

EBRD and Latvia has signed Share Purchase Agreements providing that following the increase of equity capital the EBRD will purchase 57,506,825 ordinary shares comprising 25% and 1 share of the Bank's equity capital. more »

Recession gives artist a break

This dreamy scene of money raining down on Wall Street amid a deep recession has given a street artist a big break. Peter Zonis now exhibits his works in the lobby of an office building in New York's midtown Manhattan. more »

Another Five Winners of the Danske Bankas Monthly Scholarship Award have been Announced

During the draw another five winners of the Danske Bankas monthly Scholarship award were announced. more »

During the first quarter of this year the turnover on the accounts of AB Bank SNORAS payment cards grew almost by one-fifth

Within January - March this year, the turnover on the accounts of AB Bank SNORAS payment cards increased by LTL 202 million or 18 per cent and on 31 March this year reached LTL 1.3 billion. more »

Fitch affirms high DnB NORD Bankas creditworthiness rating

Fitch Ratings affirmed AB DnB NORD Bankas short term borrowing rating F1, individual rating “C/D” and the support rating “1”. more »

DnB NORD Bankas revises deposit rates

Taking into account changes on international and domestic money markets AB DnB NORD Bankas has changed individual and corporate customers time deposit rates. more »

ACP-EU Assembly debate centres on food and financial crises and economic partnership agreements

The G-20's response to the world food and financial crisis, and efforts to make ACP-EU economic partnership agreements flexible enough to meet development needs, took centre stage at the 17th session of the ACP-EU Joint Parliamentary Assembly in Prague from 4 to 9 April. more »

Single European Sky: MEPs lead the way to shorter, safer and cheaper flights

European aviation will be governed by more efficient rules, leading to shorter flights, fewer delays and reduced fuel consumption, thanks to the adoption today by the European Parliament of the “Single European Sky II” legislation. more »

Settling accounts

Late payment for work performed, a perennial problem in Europe, is now hampering recovery from recession. more »

International Rating Agency Fitch Ratings has changed Bank SNORAS ratings

On 8th April 2009 International Rating Agency Fitch Ratings has changed Bank SNORAS Long-Term Issuer Default Rating to ‘B+'. more »