ALEX Kaunas Innovation Park announces a new stage: investors are invited to submit applications

Officially opened last fall, the ALEX Kaunas Innovation Park has already become one of the most prominent symbols of Kaunas’ ambitious future. Having attracted its first investors, the park is taking the next step: investors have been given the green light and are invited to submit applications to establish themselves on land plots in the open field with prepared above-ground and underground infrastructure.

Why ALEX?

ALEX Kaunas Innovation Park is located in a strategic location – close to the city centre, on the site of the former Aviation Factory, between Europos Avenue and Lakūnų Main Road. This spring, the detailed plan was approved and the land plot formation procedures were finalised.

The entire necessary infrastructure has been installed on an area of more than 30 hectares: a network of streets, pedestrian and bicycle paths, lighting, electricity, water, and sewage connections to each land plot, as well as the possibility of using central heating. Gas can be supplied as needed.

The park welcomes investments from high value-added companies in the life sciences, engineering, as well as information and communications technology sectors. It also welcomes companies engaged in research, experimental development, and innovation (R&D&I). Branches of scientific institutions and research laboratories are planned to be built here, which will create a unique synergy between science and business.

Land plots for various needs

The park has 16 land plots, 12 of which are designated for innovative businesses. The remaining areas are occupied by the Innovation Hangar and plots designated for accompanying functions: a planned kindergarten, commercial buildings (offices, catering establishments), and a future multi-storey car park with 800 spaces.

ALEX land plots average between 1 and 4 hectares, but can be divided into smaller land plots or combined into larger areas according to the individual needs of the investor. The largest land plots are ideal for technology centres or larger companies, while smaller ones, which are up to one hectare in size, are perfect for start-ups, research laboratories, or pilot projects.

Today’s news is an invitation to businesses looking for a place to expand, experiment, and develop ideas. Kaunas is sending a clear message: ALEX Kaunas Innovation Park is waiting for you.

All information about submitting applications, land plots available, and conditions can be found on the official website: alexinnovationpark.lt

Detailed information about the conditions for establishing a business, priority areas at ALEX Kaunas Innovation Park, benefits for newcomers, and answers to other relevant questions will be provided by Joremita Ona Urmonaitė, Project Manager of the Business Division at PE Kaunas IN, by e-mail at [email protected] or by telephone at +370 608 49 259.