Global Trade Alert
Global Trade Alert

Latvia: NIB signs EUR 25 million loan agreement with Latvijas Gaisa Satiksme (LGS) for air traffic navigation modernisation

Announcement

08 Apr 2024

In April 2024, the Nordic Investment Bank (NIB) signed a loan with Latvijas Gaisa Satiksme (LGS) to co-finance Latvia's air traffic navigation system upgrades, including a new Air Traffic Control Tower.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Apr 2024

Revocation date:

No revocation date

Updated: 08 Apr 2024
State loan In force

On 8 April 2024, the Nordic Investment Bank (NIB) and Latvijas Gaisa Satiksme (LGS), the Latvian air transport infrastructure company, entered into a nine-year loan agreement for EUR 25 million (ap...

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