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ARTICLE · 07 NOVEMBER 2005

Riga – a Dynamic City of Change in the Baltics

A report by DrJur. Edward Lestrade, Director & Lead Lawyer, Lestrade Law Associates LLC (www.lestradelawassociates.com) following an interview on Friday 26th September 2005 with Mr Aivars Aksenoks, Mayor of Riga in connection with the City’s development plan for Riga in 2005 and beyond. The meeting took place at the City Hall in the old city and covered the frank view of Mr Aksenoks for the new shape of Riga and how that might be achieved, earlier rather than later, with the help of private inve

LatviaGovernment, Public Sector
Edward Lestrade
Edward Lestrade

A report by DrJur. Edward Lestrade, Director & Lead Lawyer, Lestrade Law Associates LLC (

www.lestradelawassociates.com) following an interview on Friday 26th September 2005 with Mr Aivars Aksenoks, Mayor of Riga in connection with the City’s development plan for Riga in 2005 and beyond. The meeting took place at the City Hall in the old city and covered the frank view of Mr Aksenoks for the new shape of Riga and how that might be achieved, earlier rather than later, with the help of private investors, joining with the municipality in public-private-partnership (PPP) projects.

The City of Riga

Riga, the capital of Latvia, is widely recognised as the Baltic business capital and one of the main economic centers of the region. The city as a junction point between Western Europe and the emerging Eastern markets is a powerful attraction for business activities in Europe. Furthermore, in the 14-15th centuries when Riga became a significant trade centre of the Hanseatic League, the city

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