Uldis Hmielevskis

Liepaja Special Economic Zone (LSEZ)

The Liepaja Special Economic Zone is a unified economic ecosystem, established by the Law to promote the development of the port, manufacturing, and airport, to provide business infrastructure, and to create a beneficial business environment. The Liepaja Special Economic Zone has been a successful business support tool for 25 years. BUSINESS ENVIRONMENT Liepaja SEZ is the largest regional industrial center • Manufacturing territory 543 ha • Liepaja port 1197 ha • Industrial development 1763 ha • Airport 251 ha The Liepaja Special Economic Zone (SEZ) offers a comprehensive opportunity to do business due to fiscal incentives, provided by the national legislation: • 80% rebate on the applicable corporate income tax • 80% rebate on the applicable property tax • 0% rate of the value-added tax • Excise tax and customs duty exemptions MAIN FACTORS TO SETTLE DOWN IN THE LIEPAJA SEZ • ONE-STOP-SHOP AGENCY, BUSINESS DEVELOPMENT, LAND AND PREMISES • TAX INCENTIVES • RAPIDLY DEVELOPING BUSINESS PARKS • AVAILABLE SKILLED, WORKFORCE • EDUCATIONAL AND TRAINING SCHOOLS • AIR, LAND, SEA AND RAIL CONNECTIONS ADVANTAGES OF THE PORT OF LIEPAJA • Non – freezing port; • Well-thought-out and safe for navigation hydro-structure system including three harbor gates; • The sea impact protection system. PORT DEPTH – 14,5 m • Maximum vessel draft 13.2m • Max ship length overall 240m CARGO STRUCTURE DRY BULK - 67% • Agricultural products • Cement • Wood chips • Fertilizers • Peat BREAK BULK – 29% • Ro-Ro • Wood materials • Containers • Non-ferrous metal LIQUID BULK – 4% • Bio products • Oil products • Chemicals