The Ministry proposes to recognize the Utena Industrial Park as an important project for the state Business

The Ministry proposes to recognize the Utena Industrial Park as an important project for the state Business
The Ministry proposes to recognize the Utena Industrial Park as an important project for the state Business
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The Ministry prepared drafts of the Government’s resolutions, which would recognize the park as an important project for the state, at the same time establishing a non-integrated territory with a total area of ​​almost 20.5 hectares in the southeastern part of the city.

According to the ministry, there is currently no special territory for the development of production and services in the Utena region.

“After preparing the relevant territory, it would be possible to attract local and foreign investors, promote the creation and development of industrial enterprises in the Utena region, and companies in the manufacturing and service sectors of advanced technologies could be established here,” the ministry says.

It indicates that by 2039, at least 53.2 million people would be attracted to the Utena Industrial Park in three stages. of private investments, and it would create at least 310 new jobs.

According to the project, during the first stage – until 2029 – 18.7 million people should be attracted to the park. euros and created at least 110 new jobs, during the second period – until 2034 – respectively 32.5 million. euros and 190 jobs.

According to the ministry, by 2039 the state budget would receive an additional 16.3 million. of personal income tax (PIT) and 17.3 million euros. euros of state social insurance contributions.

It is estimated that the development of the necessary infrastructure for the park would cost 5.5 million. EUR, of which 2.2 million euros would be covered by the state, 1.5 million euros – the municipality, and 1.8 million EUR – European Union (EU) support.

Plans to establish the Utena Industrial Park were announced back in 2018. At that time, the Utena council also approved the initiative of its establishment.


The article is in Lithuanian

Lithuania

Tags: Ministry proposes recognize Utena Industrial Park important project state Business

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