Projects

CONSTRUCTION OF A MULTIFUNCTIONAL ARENA IN VISAGINAS MUNICIPALITY

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Stage: 1. Project preparation
Implementing Authority Visaginas Municipality
Partnership form Public-Private Partnership
Duration 18 years (3 years for design and construction; 15 years - service provision)
Value 29 591 529 EUR including VAT (Net Present Value)
Private investment ~ 14,3 EUR million excluding VAT (real value)
Partner selection form Competitive Dialogue
Private partner
Contract signature date -
The date of full entry into force of the contract
Transmitted activities Design, construction and installation works of a new sports and health complex, as well as implementation and maintenance of infrastructure, provision of public services and execution of commercial activities
Description:

The project aims to grant a private partner the right to develop a new sports and wellness complex in the city of Visaginas, located at 10 Draugystės Street. The private partner will be responsible for the design, construction, fit-out, financing, operation, and maintenance of the facility throughout the contract period.

The project envisages the construction of a two-storey sports arena with a gross floor area of approximately 5,600 m². The facility will include a multipurpose sports hall, spectator seating, fitness and group exercise areas, supporting facilities, community spaces, and all equipment and furnishings required for its operation.

In addition, the private partner will be granted the right to manage, operate, maintain, and commercially utilize the developed infrastructure by providing sports, wellness, non-formal education, and leisure services, organizing sporting, cultural, and community events, and carrying out other commercial activities related to sports and wellness services.

Area: Culture, sports, leisure facilities

Current situation

  • On 23 July 2026 Central Project Management Agency provided a conclusion on the PPP application.
  • In 2026 PPP project documents were prepared
Last updated: 25 08 2026