The European Investment Bank (EIB) is providing a €100 million loan to support a major infrastructure programme at Lithuania’s Port of Klaipėda.
The financing will support projects covering port infrastructure, clean energy and military mobility. The wider investment programme is valued at around €201 million and is scheduled for completion by the end of 2027.
The Klaipėda State Seaport Authority will use the financing for several projects across the port.
These include shore power for ferries, green hydrogen production and refuelling facilities, as well as new low-emission port vessels.
The programme also covers dredging and reinforced breakwaters. In addition, quays will be upgraded to support the development and maintenance of offshore wind farms.
The EIB loan will cover up to half of the total project cost. The remaining financing will come from European Union funds, national sources and other institutions.
Part of Klaipėda’s civilian cruise terminal will also be adapted to meet NATO requirements.
The changes will allow the terminal to provide logistical support for allied naval vessels while continuing to serve civilian activities.
The project is expected to strengthen military mobility in the Baltic region, while maintaining the commercial role of the infrastructure.
Klaipėda is part of the European Union’s core Trans-European Transport Network (TEN-T).
The upgraded quays will strengthen the port’s ability to support offshore wind projects, including the deployment and maintenance of wind farms.
“Klaipėda Port is an important part of Lithuania’s infrastructure, supporting the country’s economy, energy security and national security,” said Algis Latakas, Director General of the Klaipėda State Seaport Authority.
He said the financing will support projects ranging from the dual-use cruise terminal and shore power facilities to other infrastructure aimed at improving the port’s competitiveness and resilience.
