PPP projects and statistics in Lithuania - Projects

CONSTRUCTION OF THE NIDA MODERN ART MUSEUM

Neringa_A.Kundroto nuotrauka (2).jpg


Stage: 1. Project preparation
Implementing Authority Administration of Neringa municipality
Partnership form Concession
Duration 20 years (4 years – infrastructure reconstruction /creation, 16 years – service provision)
Value 19 537 716 EUR (maximum income of the concessionaire during the entire contract period)
Private investment 11 733 370 EUR without VAT (In Real Value)
Partner selection form Koncesijos konkursas
Private partner
Contract signature date -
The date of full entry into force of the contract
Transmitted activities Design, construction, maintenance, provision of public services, execution of commercial activities
Description:

The project aims to grant the right to a private partner (concessionaire) to design, build and install the new infrastructure of the modern art museum (Pamario st. 55, Neringa), as well as to grant the right to maintain, implement and manage it, provide public cultural and leisure services and carry out commercial activities.The building of the Nida museum of modern art will consist of 2 floors, about 1106 m2, it will have expositions, events, concerts, conference halls, exhibit storage, artists' residences and other spaces. Also must be designed, built and equipped an outdoor square with an amphitheater.

Area: Culture, sports, leisure facilities

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Current situation

  • On 25 April 2024 Nida City Municipality Council approved the decision that the project will be implemented as the Public-Private Partnership.
  • On 19 January 2024 Central Project Management Agency evaluated socio-economic benefits of the partnership project.
  • In 2023 the investment project was prepared.

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Last updated: 07 05 2024