Klaipeda’s GDP 2005 was 6,7%. Klaipeda is an industrial centre of Western Lithuania with potential of being a major factor in Lithuania’s industrial development. Having only 5.47% of the country’s population, Klaipeda produces about a tenth of the country’s industrial production and almost 80% of that of the county, while the input of Klaipeda city into the national budget amounts to 12%.

In 2005 foreign direct investment was 1232,45 LTL million (357,231884 million Euros). In Klaipeda city per capita FDI reached 6528 LTL (1892 Euros). Mostly invested Denmark, Switzerland, USA and Germany.

Average rental (in euros) per year per square metre per month is town centre: office space 69, 6 – 156; trade space 104, 4 – 346, 8; out of town: office space 54 – 104, 4; trade space 52,2 – 138; industrial premises: 14, 4 – 33 ,6; new ware houses: 40, 8 – 62, 4. The average annual salary (netto in Euros) of secretary is about 5.727,5; middle manager is 6.996, 52; manual worker (minimal hourly rate) is 0, 74.The average cost per minute of a telephone call to the US is 0,4 Euro.

Klaipeda county – 12,5 % of inhabitants has university education. Last year from university level institutions graduated 1703 students. In Klaipeda are two university level educational institutions: Klaipeda University and Lithuanian Christian College. Klaipeda University has 2 study institutes (Continuous Studies Institute, Maritime Institute). Scientific research is developed in 5 scientific institutes (Baltic Seashore and Environment Research, Baltic Region History and Archeology, Regional Politics and Planning, Mechatronics, and Sea Landscape), scientific centers and faculties. Also Klaipeda University established Klaipeda science and technology park (non-profit company rendering strategic, technical and administrative assistance to companies and projects related to development of new technologies and innovations.)

Western Lithuania has 3 airports; Palanga airport has status of international airport. During the summer regular are 9 flights. Railway: shortest railway link between Russia and Kaliningrad port goes via Lithuania. The main railway lines flow both North–South and East–West and are a part of the Trans-European railway (TER) net. Klaipeda has sea port which contains 19 shipping lines (www.portofklaipeda.lt). The main connecting link is the highway A1 Klaipeda - Kaunas - Vilnius, being the part of the corridor IXB. Also Lithuania has transport corridor of a very high traffic intensity going on the direction North - South (highways A13, 141).

In 2003 were 223 telephone lines per 1,000 people. In 2004 77,3% of the population owns a mobile phone.

In 2004 26,6% of the population has internet access.

Maximum bandwidth download in megabits per second are kbps 4096, upload 640 kbps.

Best housing areas are Romai, Žaliasis slėnis, Tauralaukis, Giruliai, Karklė. Average square meter purchase cost is 782,6; monthly average rental cost 1014,4.

Klaipeda has 8 public hospitals, 12 ambulant healthcare facilities, 80 private healthcare facilities, 44 private odontology cabinets.

Vytautas the Great gymnasium, Ązuolynas gymnasium, Aitvaras gymnasium, Vetrunge gymnasium. Klaipeda does not have international schools, but Lithuanian Christen College is highly international.

Klaipeda has 15 libraries, 6 cultural centers, 27 groups of art amateur, 2 drama and music public theatres. At free time you can try 13 night clubs, 2 cinemas, ice skating arena, 27 sport clubs, diving, yachting, riding, parachuting, entertaining flights and sailing. In 2004, 1125 shops were operating in Klaipeda region, or 6 shops per 1,000 people. The average trade area of one shop in 154,0 m². There are 220 restaurants, cafes, bars, beer bars and other kinds of nourishment units working in Klaipeda. Also Klaipeda is rich for it’s sightseeing: The Old Town, Memelburg Castle Museum, Klaipeda Clock Museum, National Maritime Museum and Dolphinarium, Museum of Lithuania Minor, Neo Gothic buildings, Farmers’ Market, “Svyturys” (Lighthouse), Neringa and the Curonian Spit is worth seeing.

In 2001 the strategic development plan of Klaipeda city was approved. Priority Nr. 1: to create employment opportunities by offering investment initiatives and encouraging business development. Task were: to assure the provision of business information and consultations to develop the real estate market, to generate investments for the development of infrastructure, encourage the development of the information technologies sector, to create an image of a pro-business city.

The multi modal transport hub, free economic zone (www.fez.lt), qualified labour power are most important factors in securing investment into your city.

Klaipeda Free Economic Zone - the essence of FEZ is to create more favorable conditions for business: decrease and simplify administration procedures; special custom taxes and tax incentives. The main purpose of the Zone - attraction of foreign investments, creation of new working places, economic development of the region/town, application of new technologies.

Klaipeda Economic Development Agency (OSS) – main objectives are: to attract investments into Western Lithuania, increase the competitiveness of local business, Klaipeda city marketing.

City have attractive urban projects portfolio.