📋 Tender Overview
On Tuesday, July 23, the government approved the Cabinet regulations prepared by the Ministry of Transport (MoU) to implement the project planned within the framework of the construction of the transport infrastructure of the city of Riga – the construction of J?nis ?akste gatve (4th stage of the South Bridge) – with co-financing from the Cohesion Fund (CF).
The project submitter and the beneficiary of the financing is the Riga State City Municipality. The planned total funding is EUR 84.1 million. eur, of which CF funding of EUR 71.5 million. euros and municipal co-financing of EUR 12.6 million. euro.
Within the framework of the project for the construction of J?nis ?akste Avenue (4th stage of the South Bridge), it is planned to create a new section of the trans-European transport network (TEN-T) missing infrastructure of riga state city, which at the same time will form a new connection to the TEN-T element. The project is strategically important in order to fully connect the Eastern Trunk Road with its access roads to the port and elements of the main Latvian road network, which serve cargo transport to and from the port, thus preventing infrastructure disruptions in the city's main street network.
The construction of J?nis ?akste gatve (4th stage of the South Bridge) will prevent disruptions in the transport infrastructure, including the creation of alternative routes for transit and freight transport of the TEN-T network, separating them from local public transport flows and reducing travel time, as well as promoting traffic volume throughput and improving traffic safety. It will also create a shortened route and promote smoother freight transport, reducing the time that road users have to spend on the road (both on the section to be improved and on the loadable one). Thus, the implementation of the project will improve mobility and the reach of the city of Riga.
In the 4th quarter of 2024, the approval of the project and the conclusion of a contract for the implementation of the project with the Central Finance and Contracting Agency (CFLA) are planned, while the implementation of the project and the execution of construction works are planned from the 4th quarter of 2024 until the end of 2027.
