Lithuania's First Road PPP Project Reached Financial Close
About the investments in Lithuania
Like many countries in the region, Lithuania faces a growing demand for public infrastructure and services, and at higher levels of quality. For this reason, many are turning to public-private partnership to stimulate the economy and deliver the investments needed to close the infrastructure gap.
Over the last few years, Lithuania has improved the legal framework for public-private partnership, to the point where it is now acknowledged by international experts and multilateral financial institutions as highly compliant with global public-private partnership standards.Meanwhile, the Lithuanian government plans to use public-private partnership more broadly than before to provide public services, with plans to launch more than 10 projects with an estimated total capital investment value of over €300 million. The sectors of immediate interest are roads, car parks, street lighting, courts, detention facilities and other social infrastructure.Source: Invest Lithuania