{"id":378,"date":"2025-06-30T20:01:08","date_gmt":"2025-06-30T20:01:08","guid":{"rendered":"https:\/\/akmenefez.lt\/?post_type=naujiena&p=378"},"modified":"2025-06-30T20:01:08","modified_gmt":"2025-06-30T20:01:08","slug":"lithuanian-perliament-approves-the-investment-highway-initiative","status":"publish","type":"naujiena","link":"https:\/\/akmenefez.lt\/en\/news\/lithuanian-perliament-approves-the-investment-highway-initiative\/","title":{"rendered":"Lithuanian Perliament approves the \u201cInvestment Highway\u201d initiative"},"content":{"rendered":"

The Seimas has approved the legislative package initiated by the Ministry of Economy and Innovation (EIMIN), which establishes the “Investment Highway” \u2013 one of the most investor-friendly frameworks in the region. Starting today, an investment calculator that tracks incoming investments to Lithuania is publicly available on the ministry\u2019s website.<\/strong><\/p>\n

\u201cWe\u2019ve set an ambitious goal \u2013 to attract \u20ac10 billion in investments by 2030, thereby ensuring economic growth and contributing more to defense funding. We want Lithuania to be a more advanced country where a major investment project can begin within a few months and be completed within one or two years. This is exactly what the \u2018Investment Highway\u2019 initiative is designed for,\u201d says Minister of Economy and Innovation Lukas Savickas.<\/p>\n

Until now, investment projects were often delayed due to lengthy processes related to spatial planning, land formation, or permit coordination. In some cases, obtaining the necessary permits could take up to three years. The \u201cInvestment Highway\u201d model adopted by the Seimas will ensure faster and clearer decision-making: these processes will be at least halved, and construction procedures will be simplified. However, community engagement and environmental impact assessments will still be encouraged as part of the project implementation.<\/p>\n

Simplified conditions will also apply to investment projects within Free Economic Zones (FEZs), where land formation will proceed more quickly, clearer planning rules will be introduced, and environmental impact assessments will be streamlined.<\/p>\n

Additionally, the application of corporate tax incentives will be revised \u2013 they will apply from the point when the project achieves its results, rather than from its start. This is expected to be a particularly strong incentive for long-term investments.<\/p>\n

The approved changes also enhance institutional support. The investment promotion agency \u201cInvest Lithuania\u201d will become the main coordinator for large-scale projects. It will not only advise investors but also actively mediate between institutions, monitor deadlines, and propose systemic improvements.<\/p>\n

The adopted amendments to the Investment and related laws will also significantly accelerate the development of smaller defense industry projects. Changes in defense industry investment policy, initiated by EIMIN together with the Ministry of National Defense, will simplify the construction process for new facilities. These changes will eliminate the current permitting system, replacing it with a phased technical project review and a notification-based construction model.<\/p>\n

The legislative changes will take effect on November 1 of this year. More details are available here<\/a>.<\/p>\n","protected":false},"featured_media":376,"template":"","class_list":["post-378","naujiena","type-naujiena","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\nLithuanian Perliament approves the \u201cInvestment Highway\u201d initiative | Akmen\u0117s laisvoji ekonomin\u0117 zona<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/akmenefez.lt\/en\/news\/lithuanian-perliament-approves-the-investment-highway-initiative\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lithuanian Perliament approves the \u201cInvestment Highway\u201d initiative | Akmen\u0117s laisvoji ekonomin\u0117 zona\" \/>\n<meta property=\"og:description\" content=\"The Seimas has approved the legislative package initiated by the Ministry of Economy and Innovation (EIMIN), which establishes the “Investment Highway” \u2013 one of the most investor-friendly frameworks in the region. 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