Lithuania will emerge from the crisis of recent years “stronger and more resilient” than before, Economy and Innovation Minister Ausrine Armonaite told several hundred foreign investors on October 6.
“The last two years have been challenging and I can’t promise that 2023 will be easier, but what I’m absolutely sure of is that we will be stronger and more resilient,” she said at Foreign Investors Annual Summit 2022 hosted by the American Chamber of Commerce in Lithuania.
The minister said the Lithuanian government on October 7 would unveil a plan to help businesses during the upcoming winter. It will focus on assisting them in their transformation toward being more digitised, innovative and sustainable, Armonaite said.
The United States, Germany and the United Kingdom are the top three investors in Lithuania according to the number of jobs created in the country through FDI projects between 2017 and 2021.
The US, the UK and Germany top the list in terms of the number of investment projects.
Meanwhile, Germany, the US and Sweden rank at the top according to investment in fixed assets. (LRT/Business World Magazine)
