With support from PRIA and the Regional Competitiveness Improvement Programme co-financed by the European Regional Development Fund, MTÜ Virumaa Tööstuspark is constructing the Narva Business Park as the first commercial zone equipped with modern roads and technical utility networks in the region of Narva.
Narva Business Park is situated in the rural municipality of Vaivara in the immediate vicinity of the city of Narva. The first stage of the Business Park covers an area of approximately 40 ha. The Business Park was established in order to fill a gap in today’s market in the domain of industrial and commercial land equipped with modern roads and technical utility networks, and of quality commercial premises.
The part of Narva Business Park located next to the Tallinn-Narva highway is intended for commercial establishments; in the first stage, the Business Park will gain car and motorcycle stores, as well as stores for building supplies, garden commodities, tools, fittings and furnishings, industrial accessories, car accessories, and electrical supplies. The second stage is planned to comprise a 24,000 m² Narva City shopping center.
The industrial area of Narva Business Park is intended for enterprises interested in gaining from the high qualification of a workforce with experience in Narva industry, and from lower wage level as compared to Estonia’s average. The Narva area is also of interest to manufacturing plants and logistics companies from Russia that wish to expand their activity into the European Union.
Narva Business Park supplies industrial and commercial land for sale, and commercial property for rent (see "Sales information" below). There are two rental options:
Narva Business Park benefits from advantageous transport connections; the Park lies right next to the Tallinn-Narva highway, Narva Railway Station is approximately 2 km away, and the Port of Sillamäe approximately at 20 km. Narva Airport, capable of servicing 110-seat airliners and cargo aircraft, is planned to be built to the other side of the highway on the current location of a hobby airfield.
Infrastructure of stage one of Narva Business Park is completed. The following utility networks were developed: water supply and waste water system, gas supply, street lighting, rainwater drainage, communication networks, and medium voltage network with substations; roads, streets, and cycle and pedestrian tracks were constructed. The Business Park is connected to the city of Narva, via a cycle and pedestrian track (1 km). The regional competitiveness improvement programme supports the construction of roads and technical utility networks.
Narva Business Park is a part of the more extensive Narva Futura project, the objective of which is to establish a quality residential and business environment in Narva’s urban area, with room enough for business, a new premium quality residential environment, and opportunities to develop buildings and civil engineering works of public function: the area is intended to include sections for small residential buildings, apartment buildings, industry and commerce, as well as the center of the future urban space.
The Narva Business Park is located in the rural municipality of Vaivara, in the immediate vicinity of the city of Narva. The first stage of the business park is planned to cover an area of approximately 40 ha and is created in order to fill the gap in today's market in the area of industrial and commercial land equipped with modern roads and technical utility networks.