Valmiera Municipality receives €20 million in funding for the development of infrastructure in Valmiera Industrial Park.

To whom the funding will go:
◾the connection to the public railway and the construction of the internal railway infrastructure (connecting track of about 800 m and internal railway of ~2.3 km);
◾construction of electricity infrastructure to provide the electricity capacity needed for industrial production and overall functionality of the territory;
◾ the project also includes the construction of an industrial area with concrete paving, two public parking areas, a utility corridor (trunk water and sewerage networks) and others.

As a result, Valmiera Industrial Park:
◾will be a fully-fledged and independently functioning industrial territory with the necessary infrastructure for the creation of export-oriented jobs
◾will reduce regional development disparities between the Riga region and the rest of Latvia
◾can create at least 140 new jobs