Business, Construction, Latvia, Transport
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Saturday, 11.01.2025, 20:45
Cornerstone for business park "Rixport" was set yesterday
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| "Rixport". |
"Rixport" Executive Director Peter Lundeby said LETA that today's event marks the conclusion of this huge project's first stage. He said that he is convinced that each following stage will unfold without a hitch and in the scheduled time frame.
Despite economic problems, the project has a sure future because it has major Norwegian investors who believe in Latvia's and Riga's development. Also, management was able to attract a number of strong local investors, like DnB Nord banka.
The cornerstone is for "Rixport's" administration building, whose total space will be 23,000 square meters. "Rixport's" total area will be 300,000 square meters.
Lundeby also mentioned that in coming months a contract will be signed with a large hotel chain for the park. It will be co-joined with the airport's new terminal. Smaller hotels are also a possibility in the future.
DnB Nord banka President Andris Ozolins said at the ceremony that banks overall still have adequate resources and capital to finance real estate projects. The problem is that there are few good projects, like "Rixport", he added.
"Rixport" is a long-term project with specific plans up to year 2020.
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