The EIB has worked with Latvia since 1994. We modernised telecommunications, roads, railways and port facilities. We brought sustainable growth in the tourism and agricultural sectors. We helped municipalities become more modern and environmental friendly. In Riga, we cleaned up the water and invested in hydrogen trolley buses, allowing the city to replace many dirtier vehicles.
At a glance
The EIB provides finance and expertise for sound and sustainable investment projects in Latvia.
The European Fund for Strategic Investments (EFSI)
EFSI is the central pillar of the Investment Plan for Europe. It helps overcome the investment gap, boost jobs and GDP and improve the lives of people across Europe, including Latvia. It finances strategic investments in key areas such as infrastructure, research and innovation, education, renewable energy and energy efficiency as well as providing risk finance to SMEs.