Tigran Davtyan Promises To Remember Long-Suffering Gyumri Industrial

TIGRAN DAVTYAN PROMISES TO REMEMBER LONG-SUFFERING GYUMRI INDUSTRIAL PARK

PanARMENIAN.Net
June 24, 2011 – 20:38 AMT

PanARMENIAN.Net – Armenia will focus on creation of two free economic
zones within the near two years on areas near Armenian Zvartnots
airport and on the basis of Mars plant, which is conditioned by the
law on Free Economic Zones ratified by the Parliament and signed of the
Armenian President, according to Minister of Economy Tigran Davtyan.

“The first free zone will be agriculturally-oriented, and the works
are carried out by Corporacion America company; some of its elements
have already started operation, namely cargo terminal and refrigerating
complex,” the Minister told a press conference on June 24.

The results of negotiations with Sintronics on the second free zone
will be announced in the near 1-2 months. As the head of ministry said,
there are plans on creation of the third free economic zone of high
technologies, within which a long-suffering Gyumri industrial park
will not be forgotten.

Touching upon possibilities of free zones creation in the country
frontier regions to be developed Tigran Davtyan said that we should
be careful, “so that not to infringe the tax and customs fields of
the country”.