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Event Date |
Mon Jun 20 EEST - Tue Jun 21 EEST (over 2 years ago)
In your timezone (EST): Sun Jun 19 5:00pm - Mon Jun 20 5:00pm |
Location |
TBA
Riga, Latvia |
Region | EMEA |
A politically inspired, commercially driven platform for improving connections among twelve EU Member States located between the Baltic, Adriatic and Black Seas. These connections must be trusted and sustainable. They must strengthen EU cohesion and the Transatlantic bond. They must bring tangible improvements to the lives of people in our region.
In some fields countries need to catch up with the rest of Europe in terms of infrastructure. In others, we can scale our excellence EU-wide and globally. We need to develop the most innovative solutions in digital, energy and transport systems, so that we can integrate better in the European and global supply chains. Our partners – the United States, Germany, and the European Commission are closely involved in this process.
The Three Seas Initiative Investment Fund was set up in 2019. It has already approved the first projects for implementation. We aim to boost investments in the Fund, so that the 3SI can gain even more momentum.
Objectives:
The countries involved in Three Seas share the same objectives: economic growth, security and a stronger and more cohesive Europe. To achieve these goals, cooperation is promoted for the development of infrastructure in the energy, transport, and digital sectors.
The objectives of the Three Seas initiative are as follows:
• Economic growth. The main aim of the overall initiative is to boost economic growth and well-being in the region. More activity in trade and the provision of services within the region and with neighbouring countries creates such opportunities and makes Europe, as a whole, more competitive in global terms.
• Greater interest among investors. In the context of the European Union, the countries in the Three Seas Initiative have stood out for many years for their above-average rates of economic growth. As such, they offer investors potentially higher rates of return. By working together and pursuing similar policies, these countries will make the region more attractive on the global financial market.
• Energy security. Energy is not only an economic issue, but has also become a strategic and security concern. A cohesive, well-functioning energy market and the freedom to choose between suppliers will increase open competition, ensure that the region is better supplied, and boost energy security.
• Geopolitics. Strong economic development across the board in Europe, including the Three Seas region, will help to more effectively defend current geopolitical interests, while at the same time making a stand against interests that are not conducive.
• Smart connectivity. Where new investments are concerned, the aim is to make the most of the region’s experience and potential for implementing digital solutions. This goes beyond the development of digital infrastructure, and encompasses the creation of smart, modern solutions for data exchange and the more efficient use of information.
• Achieving climate goals. A cohesive approach from the Central European nations focused on developing new and modern infrastructure will help the region move towards lower carbon emissions and achieve carbon neutrality.
Investment Fund:
This event initiative investment Fund is a dedicated commercial fund targeting critical infrastructure investment in the region. The fund is advised by Amber Infrastructure Group, an independent specialist international investment manager.