A more significant role is allocated to the cooperation between the municipality and the private sector to ensure a higher quality of public services and the development of infrastructure. The cooperation between the public and the private sector can make the implementation of significant long-term projects possible.

On the 1st October 2008 new legislative basis took effect in the Republic of Latvia, which facilitates the possibilities for implementing PPP(Private Public Partnership)projects. A number of amendments to the related legal acts have been introduced.

The implementation of PPP projects within the municipality of Riga is regulated by internal regulations No.3 of the Riga City Council, adopted on the 6th July 2010 “The Procedure for Examining and Implementing Projects in the Municipality of Riga”, Section VII Preparation, Examination and Approval of PPP Projects.

Information and advice on PPP projects is available from the City Development Department, Economics Board of the Riga City Council www.rdpad.lv

The most topical PPP projects of the municipality of Riga:

1. The construction of The Northern Corridor www.ziemelukoridors.lv
2. The construction of Riga exhibition and conference complex near the airport “Riga” www.rigaspilsetbuvnieks.lv
3. The construction and operation of multi-level car parking site under the National Latvian Opera, provision of services http://nami.riga.lv

This material has been prepared in cooperation with the City Development Department of the Riga City Council and www.investinriga.com