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After the implementation of the project, it is planned to establish and develop Kaunas AIPP of state importance, which would allow to increase the competitiveness of the country’s businesses, attract foreign and local investors, create new jobs with high added value, promote innovative and sustainable activities in industry and services. It is planned to establish the industrial park on a plot of almost 30.2 ha in the territory of the Aleksotas nursing home of the Kaunas city municipality.
“During the implementation of the Kaunas Industrial Innovation Park project, it is expected to attract at least 90 million. create at least 1,100 long-term jobs. It is also planned to establish 3 branches of research and study institutions, install and launch a business incubator ”, says Marius Skuodis, Deputy Minister of Economy and Innovation.
The project executor, the Kaunas City Municipality, together with the selected industrial park operator, is expected to implement this project in three stages. The first phase is scheduled for 2031, the second phase for 2041 and the third phase for 2046.
According to the report of the Ministry of Economy and Innovation, if the respective territory is prepared in the Aleksotas district of the city of Kaunas, it would be possible to attract foreign and local investors, establish the formation of a nucleus of knowledge and high technology in the region of Kaunas.
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