Riga Port City attracts a 3 billion € investment to Riga

On January 10, 2024, the phase of several years of intensive work has come to an end. Riga Port City has today agreed on cooperation in the development of the Andrejsala and Andrejosta territories with the United Arab Emirates real estate development company "Eagle Hills" and its manager Mohamed Alabbar.

After concluding the arrangement, the partnership agreement was signed today - Riga Port City will invest land in the Andrejosta and Andrejsala territories in the development of the project, while Eagle Hills will finance and manage the 57-hectare real estate project. The estimated amount of funding invested in the project is three billion euros.