Header 5

Industrial infrastructure

5e461ee3ccfbbf40097b4000c563f0092eb8563e

There are numerous empty factory buildings from the Soviet era owned by local government as well as private persons. These buildings are fit for reconstruction as manufacturing plants for various kinds of businesses. Usually these industrial areas contain old factory buildings and warehouses, which require investment, but on the other hand, the areas are usually well equipped with basic infrastructure (electricity, gas, water and roads).

Transport and communications infrastructure

A5a70cbd7bc51bfbcc3aedecbfd6a9828acd0585

One of the main advantages of the region is a balanced and integral transport infrastructure. Currently this includes roads and railroads, but there is potential to develop air travel routes in the future.

Latgale is on the crossroads of three major roads and railroad lines of national and international importance:

Railroad:

  • Moscow – Zilupe – Rezekne – Krustpils – Jelgava - Ventspils;
  • Vitebsk – Indra – Daugavpils – Krustpils – Riga;
  • St. Petersburg – Karsava – Rezekne – Daugavpils – Eglaine – Klaipeda/Kurcums – Vilnius.

Railroads run parallel to the three main roads that support Daugavpils and Rezekne as important junctions.

Land

7d6777d6169d9511e389d6db18f2afd9d7adb08f

Land prices in Latgale are some of the lowest in the country, but prices have been consistently rising.

 

Commercial property

The supply of commercial property is satisfactory. There are numerous opportunities to lease commercial properties (offices, factory spaces) in the largest cities of Rezekne and Daugavpils. There is a growth potential for office leases. Factory space can be bought or leased.

Residential real estate

Real estate market is very active in the largest cities of the region. Apartment prices are determined by the location, condition of the apartment and the condition of the apartment building.

 

Twitter

Mar 19
RT @Finmin: ❗️Plānots sniegt atbalstu nodokļu jomā, paredzot iespēju nokavēto nodokļu maksājumu MK noteiktajās nozarēs sadalīt termiņos vai…
Mar 19
RT @Baltinavas_N: Laikā, kad Latvijā izsludināta ārkārtēja situācija un baudīt dažādus notikumus klātienē nav iespējams, aicinām iesaistīti…
Mar 19
RT @J_Hermanis: Ar ārvalstu viesiem šogad būs grūti. Toties īpaša loma būs iekšējam tūrismam https://t.co/AjyEedbowM
Mar 10
Balvos notiks Mazā biznesa iedvesmas diena https://t.co/bJIDCrDkwA via @LatgalesRegions
Mar 02
RT @J_Hermanis: Latvijā 🇱🇻 nepilni 5% komersantu samaksā 90% no visiem nodokļiem 💶. (Kopējais komersantu - nodokļu maksātāju skaits 2018.g.…