Klaipėda State Seaport Authority is accelerating the development of the southern part of the Port of Klaipėda, Lithuania's largest port. The Port Authority plans to launch an international operator tender later this year for a 100-hectare new port area. The project could attract over €1 billion in total investment, making it one of the largest infrastructure projects in Lithuanian history.
The Port Authority signed an agreement with Ernst & Young Baltic to support the operator selection process and prepare the international tender. Port Authority CEO Algis Latakas stated that this partnership will help secure the best conditions for the port and attract strong international operators. Under the agreement, Ernst & Young Baltic will provide tender documentation, economic calculations, and legal, financial, and commercial advisory services. The agreement is valued at €868,000.
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.
Last year, engineering company Aplan started preparing technical development solutions for the southern port area. The construction permit is expected later this year. Once completed, the Port of Klaipėda, projected to become one of the most important port hubs in the Baltic Sea, will play a more active role in regional trade and logistics flows.
The Port of Klaipėda currently operates as Lithuania's largest transportation hub, and the southern expansion project aims to increase the port's capacity and competitiveness. New terminal areas will provide additional capacity for container shipping and other cargo types.
Key Takeaways:
1. Port of Klaipėda will launch an international operator tender for the 100-hectare southern port expansion by the end of 2026.
2. The project could attract over €1 billion in total investment, making it one of the largest infrastructure projects in Lithuanian history.
3. The Port Authority signed a €868,000 agreement with Ernst & Young Baltic to support the tender process.
4. Future operators will contribute to infrastructure financing; the Port Authority will handle quay construction and core infrastructure.
5. Engineering firm Aplan is preparing technical development solutions; construction permit expected by the end of 2026.
