real estate and infrastructure

REASONS TO INVEST

Industrial area of Ventspils High Technology park

customized territories for
industrial production

Ventspils Municipality together with the Freeport of Ventspils Authority have designated several industrial areas, shaping them by type of activity, thus creating industrial and technology clusters. Altogether there are more than 500 ha available for development with land lot sizes varying from 1 to 50 ha. Land lots are connected to base utilities like water, sewer, electricity, IT infrastructure and in some locations to the municipal heating system. Municipality supports investors by providing public infrastructure necessary for production properties.

Visualization of the green industry in Ventspils

green industrial park

Ventspils develops a new national level industrial park aimed to service and boost the uprising green economy in the region. The presence of renewable energy, dedicated areas in Ventspils Industrial Park and the port with already existing terminals capable of handling e-fuels, including green ammonia, makes Ventspils a natural location for development of Power-to-X and hydrogen economy.

special economic zone

Attractive tax environment with possible tax reliefs by Ventspils special economic zone ensures lower costs for investors. The Corporate Income Tax and Real Estate Tax are reduced by 80% until the company compensates up to 40% (60% for small and 50% for medium-size companies) of the investments.

Young talents having practical studies in Ventspils educational establishments

skilled workforce

Skilled and talented workforce issue is treated in Ventspils with highest priority, and Ventspils Municipality takes an active role in communication between industry and educational institutions to shape and constantly upgrade the education programmes according to the needs of the local industry. Ventspils Vocational Technical School and Ventspils University of Applied Sciences ensure professional and higher education, training and retraining of qualified specialists for specific industry needs.

Stena Line ferry in River Venta with old town and castle of Ventspils behind it

CONVENIENT LOGISTICS
AND CONNECTIVITY

Excellent connectivity and convenient logistics via the ice-free Baltics port, railway and roads ensure successful and convenient transportation of raw materials and finished production. Location in the East-West transit connection and TEN-T transport network is beneficial for companies working in Ventspils. Ventspils is a significant Ro-Ro transportation center with a regular ferry connection from Latvia to Sweden. Ventspils is also home to a container terminal.

Negotiation with a potential investor at Ventspils High Technology Park

support to investors

Ventspils is a business friendly and welcoming city. To bring this understanding into an action, for every single project a project manager is appointed, who takes care and supports for smoother implementation of the project. The project manager will be there for the company to solve any necessary municipal and local issues, thus saving time while starting up the project.

Comfortable urban environment

Well known for its comfortable and tidy urban environment, Ventspils is a city that attracts new residents. The excellent public infrastructure, great education, culture, sports and recreation opportunities make Ventspils a great place to live, work and spend free time. Qualitative urban environment is supplemented by treasures of nature: clean sea with excellent seaside area, green parks and nearby forest areas for long and relaxing walks.