Meghri free economic zone opened in Armenia
18.12.2017,
12:30
A free economic zone called Meghri has opened in Armenia’s Syunik province.
YEREVAN, December 18. /ARKA/. A free economic zone called Meghri has opened in Armenia’s Syunik province.
Karen Karapetyan, Armenian prime minister, and a number of officials, took part in the opening ceremony.
Syren Karayan, economic development and investments minister, stressing the importance of the event, said that the economic zone will contribute to the country’s balanced territorial development and enhancement of the national economy’s competitiveness.
In his opinion, the zone will also attract foreign investments.
“The creation of this economic zone is also important for it is opened on the border with Iran, and this will give an additional impetus to development of trade and economic relations between the two countries, attracting companies with Iranian capital and strengthening the cooperation,” Karayan said.
The minister also said that unlike the two already existing economic zones, Meghri will embrace a wide range of the segments of the economy, including agriculture, processing industry, trade, logistics, storage economy and tourism.
Meghri free economic zone has been created on the Armenian government’s initiative.
About 50-70 foreign companies will be hosted by the free economic zone, which are expected to invest a total of $100-120 million and 1,500 new jobs will be created here. --0---
Karen Karapetyan, Armenian prime minister, and a number of officials, took part in the opening ceremony.
Syren Karayan, economic development and investments minister, stressing the importance of the event, said that the economic zone will contribute to the country’s balanced territorial development and enhancement of the national economy’s competitiveness.
In his opinion, the zone will also attract foreign investments.
“The creation of this economic zone is also important for it is opened on the border with Iran, and this will give an additional impetus to development of trade and economic relations between the two countries, attracting companies with Iranian capital and strengthening the cooperation,” Karayan said.
The minister also said that unlike the two already existing economic zones, Meghri will embrace a wide range of the segments of the economy, including agriculture, processing industry, trade, logistics, storage economy and tourism.
Meghri free economic zone has been created on the Armenian government’s initiative.
About 50-70 foreign companies will be hosted by the free economic zone, which are expected to invest a total of $100-120 million and 1,500 new jobs will be created here. --0---
