of the future DNA
economy
AFTER 1 JULY
UNTIL 1 JULY NOW
Rapid response
Short-term measures
Long-term measures
INJECTION INTO ECONOMY
CHANGES IN THE GLOBAL ECONOMY
1 2 3 4
Shortening and diversifying
business supply chains
Life sciences and medical solutions
Digital economy
Climate-friendly economy,
energy, and climate change
QUALITATIVE
TRANSFORMATION OF ECONOMY
3.
Innovation and research 1.
Human capital
4.
Economic infrastructure
5.
Climate change and energy 2.
Digital economy and
business
1.1. Response of the education system to market needs 1.2. Increasing the number of STEM professionals
1.3. Regional balance
1.4. New skills in the labourforce 1.5. Scientific potential
INVESTMENT IN HUMAN CAPITAL
Priorities Investment examples • Innovative educational methods and training of economically
important specialists, EUR 96 mln.
• Retraining of the employed and unemployed for high value-added areas, EUR 72.7 mln.
• Horizon Europe and research, EUR 82 mln.
1.
Human capital
2.1. Digitization of traditional business 2.2. New business solutions
2.3. Enterprise development 2.4. Digital services
2.5. Digital infrastructure
INVESTMENT IN DIGITAL ECONOMY AND BUSINESS
Priorities Investment examples • Industrial digitization and the circular economy, EUR 69.5 mln.
• New e-business, design products, EUR 68.5 mln.
• Modernization of export markets and foreign direct investment (FDI), EUR 24.6 mln.
• Sandbox, Human-machine interface, EUR 14.7 mln.
• Preparing for the deployment of 5G and eSIM platforms.
2.
Digital economy and
business
3.1. Business innovation 3.2. Centres of excellence
3.3. Science and business cooperation
3.4. Innovation infrastructure, including health
INVESTMENT IN INNOVATION
Priorities Investment examples • COVID products, start-up acceleration, research, EUR 212.5 mln.
• Crisis resilience in agriculture, EUR 10 mln.
• Life sciences and biotechnology incubators, EUR 7 mln.
• Centers of excellence: life sciences, ICT, Industry 4.0, Fintech, EUR 25 mln.
• Digital health innovation, creation of preconditions for the production of medicinal products based on blood plasma, establishment of an advanced clinical research centre, EUR 28 mln.
3.
Innovation and research
4.1. Communication with target countries 4.2. Attracting investment
4.3. Infrastructure for business
INVESTMENT IN ECONOMIC INFRASTRUCTURE
Priorities Investment examples • Flight resumption and airport development, EUR 47 mln.
• FEZ and industrial parks, EUR 86 mln.
• Modern Conference Centre (Vilnius Sports Palace), EUR 29 mln.
• Seaport, shipping, Via Baltica, railways, etc., EUR 164 mln.
4.
Economic infrastructure
5.1. Energy efficiency 5.2. Increased use of RES
5.3. Competitiveness of the energy sector
INVESTMENT IN CLIMATE CHANGE AND ENERGY
Priorities Investment examples • Energy efficiency in buildings, EUR 87 mln.
• Renewable energy sources, EUR 214 mln.
• Electricity generation using gas evaporations at Klaipėda LNG terminal, EUR 10 mln.
5.
Climate change and energy
EUR 4.5 billion INVESTMENTS EARMARKED,
and EUR 1.8 billion FOR ADDITIONAL INVESTMENTS
313
1 662 319
1 578 608
297
234 392
353 324
190
Human capital Digital economy and business Innovation and research Economic infrastructure Climate change and energy Reserve
already planned investment new investment Investments by areas, mln. EUR
IMPACT ON THE ECONOMY
• The long-term economic impact of the plan's investment package (EUR 6.3 billion): EUR 1 invested will bring a return of EUR 1.88 and generate EUR 11.8 billion in nominal GDP.
• The investment plan focuses on high value-added jobs, which means that such jobs will be better paid in the long run.
