RIGA - The local authority of Riga city will borrow EUR 23 million from the Treasury in order to complete the construction of the Mezaparks Open-air Stage, the city's interim administration decided today.
It has been decided to continue work on the open-air stage's reconstruction project, implementing the second phase of part B of the project. The costs of this phase, which includes construction and supervision - are planned at EUR 23 million.
To implement the plan, the local authority will take a 20-year Treasury loan.
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