The investment climate in Latvia in the assessment of foreign investors in 2023 was at the lowest level so far, amounting to 1.9 points out of five, concluded the study “Foreign Investment Environment Index 2023” conducted by the Riga School of Economics and the Council of Foreign Investors in Latvia (FICIL). Why does the rating deteriorate and what can be done to improve the situation? On April 24, journalist Alina Lastovska questioned Māri Vainovski, a member of FICIL’s board and head of the Investment Protection Working Group, and Jurgis Miezaini, parliamentary secretary of the Ministry of Economy, on April 24.
Entrepreneurs pointed to long-unsolved, constant problems that slow down both Latvia’s competitiveness and the attraction of new investments, such as the unavailability of labor, low quality of education, high level of bureaucracy and lack of investment attraction mechanisms.
Follow “Delfi” also on Instagram or YouTube profile – join to learn the most important and interesting things first!
The content of the publication or any part of it is protected by copyright within the meaning of the Copyright Law, and its use without the permission of the publisher is prohibited. Read more here
Tags: Spried Delphi foreign investors poor assessment investment climate Latvia Full record
