Over the past two years, Latvia has succeeded in stabilizing it's economy. In 2011, foreign investment tendencies returned to solid growth, positively affecting Latvian GDP growth for two years in a row. These tendencies will continue to grow in the foreseeable future. Positive ratios reduce uncertainty and give entrepreneurs a stable basis for planning and price determination. This has successfully created an open and attractive business environment for local and foreign businesses.
All of this would not be possible without close cooperation between the Latvian government and the Foreign Investors Council in Latvia (FICIL). On June 1st, FICIL and the Latvian government will hold the 16th High Council Meeting, stressing the importance of foreign investments in Latvia.
For more information on foreign investment trends and arguments in favour of doing business in Latvia, please see the attached infographics below.
Dynamic of investment environment of Latvija: infographic No.1; infographic No.2; infographic No.3; infographic No.4.
Jānis Volberts
Investment and Development Agency of Latvia
POLARIS project manager
Janis.volberts@liaa.gov.lv
67039469
www.liaa.gov.lv
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