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 Corporación América 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”.