The Contract with the builder SIA “RRP” has been signed and building work has started on the ERDF’s project “The construction of the factory for fiber-glass goods production”.
SIA NORPLAST, within the contract with CFCA No. 18.104.22.168/16/A/002 signed on the 06.12.2016, successfully realized the project “The construction of the factory for fiberglass goods production” which is co-financed by ERDF (Project No: 22.214.171.124/16/A/002).
In the third quarter of the project’s implementation, a contract has been signed with the builder SIA “RRP” who won in the procurement process for the construction of the new factory. Building work has now started.
The project aims at building a new factory to produce fiberglass goods including all necessary infrastructure connections suitable for oversized fiberglass goods production, substantially improving the productivity of the existing manufacturing process of the company and increasing the company’s turnover in the production industry.
Expected results of the project will be (1) the construction of a new factory of approximately 1030m2 with necessary internal and external engineering networks according to the developed technical project, (2) the new factory will be equipped with all necessary engineering facilities required for the production, (3) 9 new staff will be employed.
The new factory will be built at Vecsaldes, Saldus parish, Saldus destrict, LV-3862.
The total investment for the project is EUR 877,963.71 with the referable capital of EUR783,000.30. ERDF will co-finance EUR 352,350.13 which equals to 45% of the referable capital of the project.