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The Economic Profile of the City of Riga 2019

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The Economic Profile of the City of Riga 2019 RIGA THE ECONOMIC PROFILE OF THE CITY OF RIGA 2019 1 THE ECONOMIC PROFILE OF THE CITY OF RIGA 2019 10 reasons why Riga Broad educational opportunities are evident Riga is the metropolis of the Baltic States with by the increasing number of foreign students more than a million residents in the city every year and the adjacent1 areas 6 Local municipality that promotes development Developed and well – connected and economic growth international 2transport hub 7 A city with dynamic3 economic development Educated8 and multilingual workforce Macroeconomic and political stability - Latvia A city with a balanced industrial, is a member of the European Union and the residential and green environment euro-zone, which provides free movement of 4 goods, services,9 capital and labour A rich cultural and architectural heritage, Riga Riga has a dominant role in Latvia’s economy a vast cultural5 life and10 business 1 2 THE ECONOMIC PROFILE OF THE CITY OF RIGA 2019 content MACROECONOMIC CHOOSE RIGA – 18 ENVIRONMENT 1 10 REASONS WHY RIGA INVESTMENT 19 ENVIRONMENT RIGA IN THE WORLD 5 20 REAL ESTATE LOCATION 6 21 ICT AND INTERNET RIGA INTERNATIONAL 8 AIRPORT 22 BUSINESS: START-UP LAND TRANSPORT 9 23 BUSINESS: DEVELOPMENT 10 RAILWAY 24 NATURE AND CLIMATE 11 RAIL BALTICA 25 CULTURE 12 PORT OF RIGA 26 TOURISM THE LOCALS 14 27 HOTELS QUALITY OF LIFE 15 28 HISTORY 16 EDUCATION AND SCIENCE IMPORTANT HOLIDAYS 29 AND FESTIVALS LABOUR MARKET 17 30 TRADITIONS 3 4 THE ECONOMIC PROFILE OF THE CITY OF RIGA 2019 Riga in the world Location Helsinki You can find a city called Riga infive places in the world Riga has 29 sister cities Stockholm Tallinn The center of Tallinn Tartu the Baltic States Pori RIGA Stockholm St. Petersburg Norrkoping Astana Almaty Aalborg Moscow The largest city in the Amsterdam Kiev Tashkent Baltics by population Vilnius Bordeaux Tbilisi Beijing Yerevan Minsk Dallas Kobe Bremen Minsk Suzhou Florence Vilnius Taipei Third largest city in Rostock Warsaw Warsaw the Baltic Sea region AREA POPULATION DENSITY Cairns Santiago Riga is a member of 19 international organizations. For example: Union of the Baltic Cities, UBC European Forum for Urban Security, EFUS Website: efus.eu/en/ Website: www.ubc.net/ EFUS aim is to develop and promote exchange of experience, UBC unites 106 cities from good practice and information between European cities, that 2 10 countries in the Baltic are member states of EFUS. 304 km Sea Region. The Hanseatic League of Modern Times (Städtebund DIE HANSE) Website: www.hanse.org/de The Hanseatic League of Modern Times unites 183 cities from 16 countries. The Hanseatic League’s of Modern Times aim is to promote its city collaboration to contribute to their economic, social, cultural 2099 and tourism development. Inhabitants Riga has its own representative offices per km2 in Brussels and Moscow From Riga to other parts of the world DISTANCE FROM RIGA TO THE NEAREST EUROPEAN CAPITAL CITIES RIGA Moscow 920 km Helsinki 844 km destinations Berlin 840 km 100 in summer 4 international trains destinations Warsaw 660 km 80 in winter Stockholm 550 km Tallinn 310 km Ferry traffic International bus and coach services Vilnius 300 km 5 6 THE ECONOMIC PROFILE OF THE CITY OF RIGA 2019 Riga international airport air traffic Riga International Airport is the largest air traffic hub Transportation statistics from Riga International Airport in the Baltic States 2010 2015 2016 2017 Runway length Runway width Flights are provided 3200 meters 45 meters by 19 airlines Number of airplanes flown out 34 070 34 038 34 032 37 418 Number of inbound airplanes 34 075 34 041 34 029 37 421 Number of passengers flown 2 349.2 2 576.4 2 692.1 3 043.6 out, thousands Number of inbound passengers, 2 314.4 2 584.4 2 708.6 3 053 Number of passengers thousands 6 096.6 thousand transported in 2017 Shipped cargo and mail, tonnes 5 299 11 136 11 506 13 205 Cargo and mail received, tonnes 6 994 7 622 8 043 10 244 TOP 3 charter flight destinations in 2017 +12.9% TOP increase in number destinations 21,0% of passengers (thousand) Antalya 873.0 Germany 845.1 United Kingdom 638.1 Russia 367.8 Norway 340.0 Finland 265.8 Sweden 235.1 Denmark 232.5 Italy 223.6 Lithuania 2017 2018 221.7 Estonia 14,5% Source: “Transport in Latvia 2018”, Central Statistical Bureau, Heraklion Riga International Airport “Yearbook 2017” 56,3% 8,2% Website: www.riga-airport.com Other Hurghada 7 8 THE ECONOMIC PROFILE OF THE CITY OF RIGA 2019 land transport railway Total length of the railway lines operated in Latvia 1 860 km total length of roads and Of which 251km or 13.5% 1 203 km streets in Riga municipality are electrified railway lines Every day trains depart from Riga Central Station on 4 international routes: Riga is at the intersection Moscow of two roads of European importance St. Petersburg Riga Minsk Kiev Passenger transport in Riga is carried out by “Rīgas Satiksme” Every day trains from the RCS are travelling on 5 domestic routes: Valga 142.7 million Valmiera passengers transported Skulte by public transport in 2017 Carnikava Saulkrasti Cesis Vecāķi Sigulda Tukums Melluži Riga Sloka Majori Ogre Aizkraukle 39.4 million km Olaine Jēkabpils Dobele Jelgava total mileage in the public Liepaja Rēzekne Zilupe transport route network in 2017 Riga has: Freight transport International freight dynamics (thousands/ton) 43 785 thousand tons 2010 2015 2016 2017 routes of km freight transported 55 951.5 export 3 206 2 849 2 384 1 839 buses total route length 410 1 649 tons or 3.75% domestic traffic import 40 973 48 277 42 036 36 584 transit 3 722 2 848 1 917 3 713 19 routes of 163.7 km 28 604 1 003 253 trolleybuses total route length Russia Krievija 6 208 173 42 136 tons or 96.25% Belarus Belarus international traffic 1 056 167 Lithuania Latvia Uzbekistan 261 138 Ukraine Kazakhstan 10 routes of 120.9 km 190 132 105 trams total route length Estonia Lithuania import export (thousands/ton) (thousands/ton) Source: “Rīgas satiksme” Annual Report of 2017 Source: “Transport in Latvia 2018”, Central Statistical Bureau 9 10 THE ECONOMIC PROFILE OF THE CITY OF RIGA 2019 Rail Baltica port of Riga Baltic and Riga railway infrastructure will now be unified Riga Freeport is an important part of the global and regional freight with the European railway area transport chain and the Baltic Sea region passenger network Tallinn The project envisages construction of new 1435 mm European Standard width 213 km rail line in the Baltic States connecting metropolis Tallinn - Riga - Kaunas - The main cargo is containers, Warsaw - Berlin coal, oil products, various metals, timber, fertilizers and grain 1435 mm products Riga Around 200 different companies The total length of the new tracks 265 km work in Riga Freeport in the Baltic States will be Up to 80% from the cargo turnover of 870km 392 km the Freeport of Riga is a transit cargo to be sent to or received from NVS Kaunas 80% Riga has the largest port in Latvia Average speed for passenger trains 170 km/h, The second largest port for freight trains 68 km/h, 2 in the Baltic States 33,7 million tons by cargo turnover maximum speed for passenger trains – 234 km/h, for freight trains – 120 km/h In 2017, 743 thousand passengers were served in the port, including Two passenger stations are planned in Riga 87 thousand cruise passengers In 2017, 3422 ships were serviced at the port with Riga Central Station Riga International Airport a total capacity of Station 46.1 million gross tonnage Infrastructure Project implementation period Total area of the port 2020 2025 2030 6 348 ha Port land 1 962 ha which includes 189,4 ha area for Closed warehouse open cargos area 418 603 m2 plann to start the open connection open connection Total length of wharfs 20,0 km construction Tallinn-Riga-Kaunas with Warsaw Maximum draft at Freezer area 7 800 m2 More information: www.edzl.lv the wharf 15m Freezer capacity 14 000 t Port aquatorium Capacity of bulk carriers 217 800 m3 4 386 ha Capacity of liquid cargo Source: “Rīgas satiksme” Annual Report of 2017 reservoirs 522 391 m3 11 12 THE ECONOMIC PROFILE OF THE CITY OF RIGA 2019 Passenger ferry traffic and cruises the locals Passenger turnover in Riga passenger port Population in 2017 638 000 45.6% The biggest Population in Riga agglomeration 2016 2017 (Riga and its surroundings) 1 005 237 510.2 743 city of Baltics thousand thousand passengers passengers 33% of the total population of the country lives in Riga, Number of arriving / departing passengers it is one of the highest indicators in Europe at the passenger port of Riga (thousands) (Source: Eurostat) 2010 2015 2016 2017 Passengers arrived 319.3 224.3 243.3 364.5 by ferries Proportion of nationalities in Riga Passengers left by ferries 327.6 232.8 266.9 378.5 7,3% Others By gender Passengers arrived 58.6 69.2 71.4 87.4 1,8% Polish by cruise ships 3,4% Ukrainians 3,67%7% Belarussians Port of Riga since 2006 283,5k 354,3k Stockholm male female Riga 36% Russians Isabelle Romantika More than 60 cruise ships arrive at the port of Riga annually. The biggest cruise ship - Celebrity Silhouette - 319m 75,5 years Number of cruise ships in Riga increases every year 29% 47% Latvians 42 other years from Russia 5% 87 91 63 6% from Finland Median age Life expectancy 2016 2017 2018 33% for the ones born from in 2017 10% from Great Britain Germany 17% from Sofija Roberts USA The most Anna Aleksandrs popular names Emīlija Artjoms of newborns Marta Gustavs Alise Kārlis More than 1,000 cruise tourists came from Italy, Australia, Canada, Spain, Switzerland, France, Austria and Israel Source: “Demography 2018”, Central Statistical Bureau 13 14 THE ECONOMIC PROFILE OF THE CITY OF RIGA 2019 quality of life education and science Education possibilities in Riga Students 1 Norway ..
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