News in brief

Riga plans green, futuristic ‘airport city’

Reading Time: < 1 minute

Riga International Airport will invest more than EUR 247 million in developing the facility by 2027, according to its Runway 2027 strategy, released on Wednesday.

The scheme aims to reach nine million serviced passengers and 48,500 tonnes of freight annually within five years,while implementing green goals and reducing carbon dioxide emissions.

“Thanks to successful infrastructure development, Latvian national Airbaltic’s growth, a competitive tariff policy and geographical advantages, Riga International Airport has positioned itself as a regional air traffic hub in Northern Europe,” chairwoman Laila Odina said. 

Runway 2027 will allocate EUR 155 million on revamping the passenger terminal of the airport, including an automatic luggage-sorting system, new roads and car parks, and a viaduct. A further EUR 58 million has been earmarked for developing infrastructure, such as reconstructing of aircraft ramps and taxiways, replacing service vehicles, and installing LED lights on runways.

Riga airport will also develop its “RIX Airport City” concept, which can serve as a hub for businesses not directly connected to the aviation industry. The airport’s city centre will include a new passenger terminal – connected to a Rail Baltica railway station – with a 12 million passenger annual capacity, as well as hotels, offices, and warehouses for logistics, e-commerce and air freight. Riga International Airport board member Arturs Saveljevs said RIX Airport City will become a “self-sufficient destination”.

CET Editor

Recent Posts

North Macedonia president loses big in first election round

No candidate received a majority of votes in the first round of the Presidential elections…

3 days ago

Czech FM visits Budapest, as Hungary prepares for EU presidency

Hungary will focus on key issues for central Europe during its upcoming EU presidency, Hungarian…

3 days ago

Westinghouse increasingly central to CEE’s shift from Russian nuclear industry

US nuclear firm Westinghouse Electric Company has signed memorandums of understanding (MOUs) with 17 Bulgarian…

6 days ago

AI will transform Adriatic economies – Microsoft

By 2030 Artificial Intelligence could be contributing as much as 11.5%, or USD 700bn (EUR…

1 week ago

CEE countries register EU’s highest, lowest inflation

Lithuania had the lowest annual inflation rate of 0.4% in the EU in March 2024,…

1 week ago

Lithuanians to vote on joint foreign citizenships next month

Lithuania will hold a constitutional referendum on whether its citizens can hold dual and multiple…

1 week ago