Mr. Skuodis invited Japanese investors to contribute to projects in Three Seas Initiative, including the development of the Port of Klaipėda

  • 2024-02-20
  • Ministry of Transport and Communications of the Republic of Lithuania

Investments and active participation of Japanese companies in the development of the Port of Klaipėda and other transport infrastructure projects in the region would significantly contribute to enhancing the connectivity in the Three Seas - the Baltic, Black, and Adriatic Seas – region. It would also help to diversify the transport systems and to apply innovative technologies. This invitation has been presented today by the Minister of Transport and Communications Marius Skuodis at an event organised by Lithuania to present the Three Seas Initiative in the Japanese capital Tokyo.

"We see the Three Seas Initiative as a platform of much broader strategic importance, attracting the attention of the world's largest and most innovative businesses to transport and other strategic infrastructure development projects in the region. Our business communities could certainly work together on maritime connectivity, sustainability and digitalization, and join forces to innovate in transport and logistics," said the Minister of Transport and Communications Marius Skuodis. He invited Japanese representatives to the Three Seas Initiative’s Business Forum hosted by Lithuania on April 11 in Vilnius.

Mr. Skuodis also presented the priorities of Lithuania's Presidency of the International Transport Forum (ITF), emphasizing Lithuania's efforts to seek as much support as possible for the reconstruction and development of the Ukrainian transport infrastructure. According to Mr. Skuodis, for this reason, the Three Seas Initiative and the ITF events in our country will be held side by side, thus ensuring maximum focus on Ukraine.

Mr. Skuodis has also informed Japanese partners about the Common Interests Group for Ukraine CIG4U - a platform for further cooperation and support to Ukraine, which was launched in December 2023 under the ITF auspices and led by Canada, Lithuania, Sweden and Ukraine.

He also expressed the hope that a number of ITF member countries, including large international assistance donors would join this important group.

Full press release: https://sumin.lrv.lt/en/news/mr-skuodis-invited-japanese-investors-to-contribute-to-projects-in-three-seas-initiative-including-the-development-of-the-port-of-klaipeda/