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The completion of the project “Construction of industry premises in the free industrial area of JSC DITTON Driving Chain Factory”

07.07.2015

The completion of the project “Construction of industry premises in the free industrial area of JSC DITTON Driving Chain Factory”

From 14 March 2014 until 14 March 2015, JSC DITTON Driving Chain Factory implemented the project "Construction of industry premises in the free industrial area of JSC DITTON Driving Chain Factory”, funded by the European Regional Development Fund.

The production area of JSC DITTON Driving Chain Factory (hereafter - JSC DDCF) is located in the industrial area according to the territorial plan of Daugavpils. Therefore, the facilities are already fully equipped with all necessary communications. There are several industrial buildings, office buildings, including ancillary buildings, warehouses and many other infrastructure parts there.

It is supposed to improve the public infrastructure, including reduction of overall public costs, for example, manufacturing costs, with attraction of the new collaboration partners and creation of a business park. Therefore, JSC DDCF constructed in the free industrial area of 30,371 sqm the new industry premises for the manufacturing industry, according to entrepreneurs’ requirements.

There are leased 30 % of the renovated areas at the end of the project by three entrepreneurs, who already created more than 20 new workplaces. New conditions enhance the establishment of the new and the expansion of already operating businesses therethrough.

The project “Construction of industry premises in the free industrial area of JSC DITTON Driving Chain Factory” (agreement No L-IZI-14-0003) is implemented in collaboration with Investment and Development Agency of Latvia in the frame of the indicative activity 2.3.2.2.2.”Co-financing to the investments for construction and reconstruction of industrial premises” of the operational program “Entrepreneurship and innovations”. The total project costs reach EUR 2,783,155.79. The aid intensity is up to 50% of the eligible costs.

For further information, please contact by e-mail dpr@dpr.lv.

Dates of the activity

Activity description

14.03.2014.

  • There is started the implementation of the project

14.06.2014.

  • There are consultations with potential tenants
  • There is announced the competitive tender

14.09.2014.

  • There is carried out the assessment of the applications and completed the competitive tender. There is announced the winner of the competitive tender JSC DITTON BŪVE
  • There are signed an agreement on construction with JSC DITTON BŪVE, as well agreements on construction and designer’s technical supervision
  • There are started construction works

14.12.2014.

  • There are carried out construction works

14.03.2015.

  • There are finished construction works
  • There is changed the project deadline to 14.06.2015.
  • There are attracted new tenants, as well discussed and signed lease agreements

14.06.2015.

  • There is changed the project deadline to 31.08.2015.
  • There are attracted new tenants, as well discussed and signed lease agreements
  • There are solved technical, organizational and commercial issues (for example, technical support, installation and launching of equipment, hiring employees and their training, delivery of raw materials) before the lease agreements are signed

08.07.2015.

  • There is completed the project implementation 
  • There is submitted the Final Progress Report to the Investment and Development Agency of Latvia