Klaipėda State Seaport Authority is moving forward with the development of the southern part of the Port of Klaipėda and plans to launch an international operator tender later this year.
The project covers a future 100-hectare port area and could attract more than €1 billion in total investment, making it one of the largest infrastructure projects in Lithuania’s history.
The Port Authority signed an agreement with Ernst & Young Baltic to support the operator selection process and prepare the international tender.
Algis Latakas said the partnership will help secure the best conditions for the port and attract strong international operators.
The new southern port area is expected to create opportunities for new terminals, attract local and foreign investment, strengthen Lithuania’s logistics sector, and expand employment opportunities.
Under the planned model, future operators and tenants will contribute to part of the infrastructure financing, while the Port Authority will handle land development, quay construction, and other core infrastructure works.
Ernst & Young Baltic will assist with tender documentation, economic calculations, and legal, financial, and commercial advisory services. The agreement is valued at €868,000.
Last year, engineering company Aplan started preparing technical development solutions for the southern port area. The construction permit is expected later this year.
