Latvian Minister of Economics, Viktors Valainis, has announced plans to release a development roadmap for Latvia's major ports, aiming to make this document publicly accessible to provide guidance for investors. The roadmap outlines a three-year plan for port development, emphasizing actions necessary for transformation and realignment. This initiative features 30 strategic initiatives with 80 specific actions, highlighting initiatives like increasing cargo throughput, boosting tourism, and developing business zones. The Ministry of Economics plans to collaborate closely with the Ministry of Transport for implementation. The roadmap aims to boost cargo volume to 47 million tonnes by 2027 and double tourism numbers to one million. The plan underscores increased competitiveness and productivity, embracing digitalization, green transition, and military mobility enhancement. Meanwhile, Rīga's Freeport plans a €7.43 million investment this year in infrastructure and digitalization to attract more investors. This strategic focus on development and openness to public-private partnerships is poised to advance Latvia’s economic growth.