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Armenia Hosts Expo of Investment Opportunities in Aras FTZ

Armenia Hosts Expo of Investment Opportunities in Aras FTZ
Armenia Hosts Expo of Investment Opportunities in Aras FTZ

The exhibition of investment opportunities of the Aras Free Economic Zone was held in Kapan, Armenia, and the event was signaled by a red-ribbon-cutting ceremony.
Mayor of Kapan Gevorg Parsyan, and consul general of Iran in Kapan Morteza Abedin Varamin delivered opening remarks at the event on Tuesday, Armenian News-NEWS.am has learned from the Kapan city hall.
The welcoming remarks were followed by the screening of a video about the establishment of and opportunities at the Aras Free Economic Zone, after which the attendees had the opportunity to familiarize themselves with Iranian products.
The exhibition concluded on Wednesday, during which a conference was held with the participation of the businessmen from Kapan.
With more than 70,000 hectares along the Aras River, Aras Free Trade-Industrial Zone is in East Azarbaijan Province in the northwest of Iran bordering Armenia, Azerbaijan and the semi-autonomous Nakhichevan region. 
Aras is the main gateway to mainland Iran from the northern Commonwealth of Independent States.
Some 150 production and industrial units are active in the zone which also holds the country’s largest greenhouse facility.

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