We are pleased that our long-standing client Marijampolė LEZ Management Company has successfully attracted a new investor, UAB Divaks. The investor has developed an innovative technology for the production of insect proteins and is investing in Lithuania’s first industrial plant for the breeding and processing of mealybug insects.
Attracting this modern and innovative investment to the Marijampolė region will contribute to the development of the city, the growth of competences and the creation of value-added jobs.
Congratulations to the client on the successful development of the LEZ and the new investor. NOOR’s Real Estate and Construction Team advised the client on all aspects of the transaction, represented the client in negotiations with the investor on the conclusion of a package of development agreements, as well as advising on spatial planning and infrastructure development issues.