Public Investment Development Agency (VIPA) invests in Lithuania’s infrastructure and aims at strong and modern growth and development of the country.
The purpose of investing is to develop and renew Lithuania’s infrastructure thus contributing to the sustainable economic growth in the country, security of public functions, and the development of financial markets. VIPA’s financial instruments contribute to those areas of infrastructure in which financial and market deficiency, asymmetric information or great need for investments are identified. VIPA contributes to the occurrence of financial and economic viability of these projects by investing in such infrastructure projects.
Areas of investment – energy efficiency, water management, road infrastructure, cultural projects, modernisation of public buildings and multi-apartment buildings, projects on street lighting, etc.
Financial instruments – secured loans, loans, guarantees and investment platform.
Investment partners – private and institutional investors, risk funds and banks.
Investment conditions – return on investment, volumes, deadlines and other aspects are determined individually according to the funded project by way of negotiation.
–Strategic plan of the Public Investment Development Agency (VIPA) for 2020-2023.
–Articles of Association of the Joint Stock Company Public Investment Development Agency (VIPA).
–Annual Financial Statements of the private limited liability company Pub-lic Investment Development Agency for the year ended 31 December 2019.
–Resolution on the Establishment of Joint Stock Company Public Investment Development Agency and Investment of State Assets.
–Order on the Amendment of Order No. 1K-059 of the Minister of Finance of 8 February 2013 ‘On the Approval of the Articles of Association of Joint Stock Company Public Investment Development Agency’.