Travel Daily News
Vicky Karantzavelou
16 June 2025
Riga Airport secures 75m. euros EBRD loan for terminal expansion, reinforcing sustainability, innovation, and Latvia’s long-term connectivity and economic resilience.
On 4 June, the Board of RIX Riga Airport met with Matteo Patrone, Vice President of the European Bank for Reconstruction and Development (EBRD), to discuss the bank’s involvement in financing the Riga Airport’s passenger terminal expansion project.
The EBRD Board of Directors has approved up to 75 million euros for the project, and the meeting focused on the project’s progress and the next steps leading up to the signing of the financing agreement.
The loan agreement with the EBRD is expected to be signed shortly.
The international construction tender, currently in its final stage with two remaining bidders, is expected to conclude this summer. The project aims to achieve a BREEAM Excellent sustainability certification.
