ArmInfo. At the end of May Georgian business days are planned to be passed in Armenia, where Georgian business will be presented investment possibilities in Meghri FEZ, Suren Karayan, The Minister of Economic Development and Investments informed journalists on April 13 after the Government sessions.
According to the Minister, Georgian side is concretely interested in the implementation of investments in Meghri FEZ at the boundary with Iran. During Georgian business days in Armenia Georgian businessmen, interested in Armenian FEZ Meghri investments, will be presented Armenian investment aspects. ?I can assure that the talks during Georgian business days will have only practical form?, Suren Karayan noted.
The cost of the program for creating a free economic zone between Armenia and Iran is estimated at about $ 28 million, and taking into account current costs, the total amount will be about $ 32 million. It was also reported that for 10 years the income of the company-organizer of the FEZ will be $ 52 million, and the number of employees of the company, the organizer of the free economic zone, from 60 to 70 people. According to the forecasts, 120 companies will be attracted over 10 years, which will export $ 80- $ 100 million per year. Iran, the countries of the Eurasian Economic Union (EEU) and countries of the Middle East are defined as target countries for export.