The Mayor of Vilnius R. Šimašius presented to investors the plans of the growing capital of Lithuania


Today, the Mayor of the capital Remigijus Šimašius presented to investors the key works to be implemented in the city in the next four years, the programme for attracting investment, and rejoiced over the achievements of Vilnius. Members of the Investors’ Forum, an independent business association bringing together the largest and most active investors in the Lithuanian economy with more than 50 members, attended the meeting.

“I have never had the experience to taking over works from me myself. However, I am pleased to see that we are determined to do a lot with a new team in the new term of office. This will first of all include reducing the bureaucratic chain, which will allow making decisions faster and defining more specific responsibility, improving project management skills and implementing the project management culture. Breakthroughs are necessary in many different areas, including urban mobility, education, economy, sports environment, innovation, and many more”, says the Mayor of Vilnius Remigijus Šimašius.

Investors showed an active interest in how prepared Vilnius was to accept major investors and if it had planned for any industrial areas; they inquired about solutions of the General City Plan, the renovation of road and lighting infrastructure, the projects which the Mayor considered to be priority projects and the sequence and terms of their implementation, also showing interest in the transparency policy of the municipality. The major new objects being built, including the National Concert Hall, the new pedestrian bridge taking to the Litexpo hall, the revival and development of the bus and railway station district of the city, were also discussed.

The Mayor of Vilnius outlined the main strategic directions approved in the coalition for the next four years, which will promote business, help talents from other countries to smoothly settle down in Vilnius, improve the accessibility of the capital, encourage emigrants to return, develop the industrial innovation park in Vismaliukai, and ensure sufficiently large territories for construction works of manufacturing companies.

It was a pleasure to present Vilnius as the leader for its open data policy – the municipality of the city grants a free access to financial, public procurement, real estate, transport and other data. The society is able to find out about plans of the city, construction, investment projects, education institutions, etc. at any time. Moreover, technology developers are encouraged to help create even more intelligent solutions for the city using the municipality’s API open data portal with the latest data, history and programme codes.

Currently, the municipality and its group of companies is starting to work in accordance with a completely new strategy Vilnius 2IN, the effectiveness of which will be measured according to the three key indicators: the happiness index, the travel time index and the duration of living in the capital. These indicators best reflect the quality of life of population of the city and how well the current problems are solved. Vilnius is a great playground for new ideas, initiatives, technology developers and innovative businesses, and it can already share good practice in adopting innovative urban management solutions. The development of the new strategy Vilnius 2IN took into account the image of the city and the city community, which would be able to easily collect and share knowledge, where everyone would have equal opportunities to access services and to inform about the need for those services. In the future, solving all issues from street lighting to registration of children to schools or kindergartens, management of transport flows, landscaping and access to sports and cultural infrastructure will be encouraged in the digital environment. The plan is to offer a possibility to monitor the progress of works and to find out about the resolution of some situation in real time.

The Mayor of the capital rejoiced over the fact that Vilnius was named among the top five “Smart Locations of the Future” in the Financial Times’ fDi Intelligence ranking in terms of its strategy for attracting and retaining smart businesses. Vilnius was ranked second after Dublin’s Smart Docklands District, having outrun Hamburg in Germany, the capital of Columbia Bogota and Stratford in Canada.

Marketing and Communication Department,