Development of business, creating industrial zones

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6.4 million for investment and export promotion measures, as well as support for start-ups," the minister continues. 77.3 million is earmarked for support measures to increase business competitiveness. EUR. In order to promote the , new jobs and creating high added value, the state budget is intended for attracting high added value investments, promoting Latvia's export capacity, economic transformation and supporting the export capacity of the tourism industry.


"It is important to add that in the next five years, with the multi-year budget investments of the Recovery Fund and the EU Structural Funds, significant additional support will be provided to increase the productivity, digitization, export Industry Email List capacity and competitiveness of our entrepreneurs," says the Minister of Economy. 35.9 million is intended for promoting the stability of the national economy and attracting investments for energy independence.

   



EUR. In order to increase the competitiveness of the national economy by promoting energy independence, in 2024, the state budget expenditures are intended for the support of protected electricity users, as well as for the implementation of the ELWIND joint project of offshore wind energy. The state budget for the implementation of the construction and housing policy is 16.9 million. in the amount of EUR. In order to ensure a favorable environment for investments in .