SEDC director Mindaugas Danys delivered a presentation of the investment project to the council members of Telsiai municipality in the Northwestern part of Lithuania.

 

Municipality has intentions to undertake major public and EU funded infrastructure project - Telsiai logistics hub. Project would be implemented in two stages. Firstly, setting up 30.000 sq.m storage facility with all necessary infrastructure, for about 40 mln. EUR, and in the second phase, adding additional 120.000 sq.m. storage capacity for additional 120 mln. EUR and expanding territory from 12 ha to 50-70 ha.