Ministry of National Defence in Lithuania has signed Public-Private Partnership (PPP) contracts with Salvinta UAB and Partnerystės Projektai Keturi UAB. During the term of the contracts, the companies will construct brand new military infrastructure for three battalion-sized units of the Lithuanian Armed Forces in Šiauliai, Rokantiškės (Vilnius region) and Pajūris (Šilalė region).
Country updates
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June 29, 2020
European court of audit reports cost overruns for Rail Baltica project
European Court of Auditors report concluded approximately EUR 2.35 billion (US$ 2.65 billion) in cost overruns for the Rail Baltica project. Initially, the project was planned to have expenses of EUR...
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May 05, 2020
Baltic rail megaproject seeks a pool of consultants
Tri-lateral contracting authority RB Rail AS based in Latvia has announced an open competition to provide expert services for the Rail Baltica Global Project.
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February 06, 2020
Edmond de Rothschild Asset Management's Bridge fund invests in Parkdema
Parkdema, a company owned by Lords LB Asset Management’s Energy and Infrastructure SME fund and Modus Group has received an investment of EUR 27 million (US$ 29.83 million) by Edmond de Rot...
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November 21, 2019
EEEF launches tender for technical advisory services in Lithuania PPP
The European Energy Efficiency Fund (EEEF) has launched a tender for interested firms to deliver technical advisory services to support the Government of Lithuania in the preparation of inve...
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July 12, 2019
Lithuanian court of Appeal allows authorities to proceed with contract signature of the National Stadium Project
The Lithuanian court of Appeal in Vinus has allowed Vilnius city council to proceed with the contract signature for the ambitious National Stadium project. The authorities will sign the concessio...
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