Under the law on free economic zones adopted in 2011, work on preparation of activity order has been carried out.

As Armenian Economy Minister Tigran Davtyan told a press conference on December 27, a formal application from Sitronics JSC has already been received to permit free economic zone organization in Mars plant in early 2012.

“2012 envisages active steps regarding formation of free trade zone in Armenia,” Minister Davtyan said.

In this context, Economy Minister noted that free trade zone will operate in Zvartnots Airport.