Latvia: Foreign investors need integrated and quality transport

Latvia should develop a coordinated approach to the development of the transport industry, Jerry Wirth, the new head of the Foreign Investors Council in Latvia (FICIL) says in an interview with the Dienas Bizness newspaper. “The entire transport sector should be considered as a whole on the national political level, not as a sum total of various competing sectors. Transport is a critical element of the economy, and a way must be found so the transport industry could develop best, contributing to the entire national economic growth, stressed Wirth.

A “transport philosophy” needs to be developed at the ministerial level, because most clients are interested in high quality of an integrated transport system, where goods can be delivered to customers or warehouses quickly, efficiently and safely.
The Transport Ministry will have much to do to achieve this, stressed Wirth, saying that “it is understandable that the ministry may want to concentrate on the development of Latvian ports and railways”.


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