YEREVAN. - Sitronics Armenia Company will become the administrator of Armenia’s first-ever free economic zone. The Government of Armenia adopted a decision to that effect on Thursday.   

The free economic zone will be established on the grounds of Mars Plant and Yerevan Institute of Mathematics.

After the Governmental session, Economy Minister Tigran Davtyan informed news reporters that the free economic zone will start operations in about six months.

Sitronics Company is a leading corporation in the domain of telecommunication solutions, Information Technology, and microelectronic products.