Freeport of Riga to develop digital platform for multimodal cargo

Freeport of Riga platform digital transformation of multimodal cargo

The Freeport of Riga Authority has announced it is creating an integrated shared platform to promote the digitisation of cargo documents in Latvia.

The implementation aims to improve the speed of multimodal cargo circulation, and reduce administrative burdens and impacts on the environment.

The platform is being implemented under the second component “Digital transformation” of the European Union Recovery and Resilience plan within the framework of the reform and investment direction 2.1 “Digital transformation of public administration, including local governments”.

The project implementation financing is €3.2 million ($3 million), while its maintenance and future development will be provided by the ports.

READ: Harnessing the power of data to address supply chain challenges

“We are aiming to become a leader in the implementation of digital technologies throughout the Baltic region,” said Viesturs Zeps, Chairman of the Freeport of Riga Board.

In recent years, the Freeport of Riga Authority as well as the companies of the Port of Riga have been actively developing and investing in green energy, smart technology and IT projects.

“We are working on the digital transformation of port processes in order to introduce the principles of the smart port into everyday life by integrating several information systems that make the port a multimodal transport hub and allow information to move faster than actual cargo carriers.

“Digitalisation of the port not only facilitates the port’s and the port companies’ cluster operation, promoting their role among the logistics players of the region, but also provides data for new solutions aimed for linking the city, the city transport and other solutions.”

Last month, the Freeport of Riga Authority signed a memorandum of cooperation with Uzbekistan’s national railway company to promote more efficient transport and foster transit potential.

Under the agreement, the parties aim to provide favourable and competitive conditions for import, export, and transit cargo flows between Latvia and Uzbekistan.

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