Investors Interested In Zvartnots Airport’s Free Economic Zone – Eco

INVESTORS INTERESTED IN ZVARTNOTS AIRPORT’S FREE ECONOMIC ZONE – ECONOMY MINISTER

PanARMENIAN.Net
July 23, 2012 – 15:44 AMT

PanARMENIAN.Net – Potential investors have already expressed interest
in opening a free economic zone (FEZ) on the territory of Zvartnots
airport, Armenian Economy Minister said.

As Tigran Davtyan told a news conference in Yerevan, “in line with
an agreement between Economy Ministry and Sitronix Armenia CEO,
the 1st free economic zone will be launched in Armenia.”

According to the official, Armenia hopes for foreign companies with
new technologies to be involved in FEZ operations, with foreign
investments to be attracted for FEZ activities.

The $10 mln project envisages creation of a 100 000 square meter
zone with the establishment of export-oriented production as an
obligatory condition.

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