The Government of the Republic of Lithuania on June 9 2015, Resolution No. 597 acknowledged Vilnius Concert and Sports Hall reconstruction and rearrangement to congresses, conferences and cultural events project of State importance economic project, whose goal is to build a new congresses, conferences and cultural events center, to promote and develop business (conference) tourism in order to increase the competitiveness of Lithuania and awareness and creating conditions for attracting investment.
Vilnius Congress Centre project implementation will have a significant impact on the Lithuanian economic, social, cultural, political life and (or) for the definite field of public relations state, as established and operating in new Vilnius Congress Centre will allow attracting further both foreign and local tourist flows to Vilnius and Lithuania . New business relationships, contracts during international events will be made. International business and foreign investment across Lithuania will be promoted.
After implementation of the Vilnius Congress Centre project, the conditions to organize not only a high-level international conferences and congresses, but also cultural events, will be provided. The increase of Lithuania, as a cultural region, with the possibility of exhibitions, cultural events, concerts, educational programs organization will be seen.
Vilnius Concert and Sports Hall building complex, located at Rinktinės str. 1, Vilnius, is a unique place, positive for the activities of congress center and urban structure of the city, and the optimal accessibility of the object in terms of cultural and natural environment, events security and service. After the reconstruction of the building complex and having applied it for the congresses, conferences and other events, it would not only create a missing business (conference) tourism infrastructure, but also protect abandoned and unused Culture heritage infrastructure in Vilnius city center.