Meghri Free Economic Zone

The Meghri Free Economic Zone (FEZ) is a strategic project designed to leverage Armenia's unique geographical position. Located in the southern Syunik Province on the border with Iran, it is intended to serve as a key trade and logistics hub connecting Iran, Armenia, and the member states of the Eurasian Economic Union (EAEU). Established in 2017, the FEZ has significant incentives, including exemptions from VAT, profit tax, and property tax, for companies operating in sectors such as industry, agriculture, and logistics. The goal is to attract foreign direct investment, boost exports, and create jobs in the remote border region. Its proximity to Iran provides a unique opportunity for Armenian and international companies to tap into the Iranian market while also taking advantage of the EAEU's trade benefits. The development of infrastructure in and around the FEZ, including the upgrading of roads connecting it to the rest of Armenia, is critical for its success. The Meghri FEZ is a key element in Armenia's economic strategy to position the country as a bridge between regional markets.

Nearby cities

Kapan

Kapan is the capital of the Syunik Province, situated in a lush valley surrounded by high mountains.

Goris

Goris is famous for its grid street plan and surrounding cave dwellings carved into the soft rock.

Sisian

Sisian is a historic city located on the Vorotan River, surrounded by ancient megalithic monuments and waterfalls.

Tatev (Halidzor)

The gateway to the spectacular Tatev Monastery and home to the world's longest non-stop double track cableway.

History & landmarks

Khndzoresk

A fascinating cave village in a steep gorge, famous for its spectacular suspension bridge spanning the valley.

Zorats Karer

A prehistoric archaeological site, often referred to as the Armenian Stonehenge, consisting of hundreds of large standing stones.

Nature

Vorotan River

The Vorotan River carves a deep gorge in southern Armenia, known for its scenic beauty.

More places

Agarak Copper-Molybdenum Mine Complex

The Agarak Copper-Molybdenum Mine Complex is located in the Syunik Province near the Iranian border.

Arevik National Park

Arevik National Park in the extreme south of Armenia protects rare animal species and mountainous landscapes.

Zangezur State Sanctuary

A rugged mountainous area in southern Armenia acting as a crucial habitat for the endangered Bezoar ibex.

Mount Khustup

A significant mountain in the Syunik Province, often considered a sacred place.

Mount Khustup

Khustup is a prominent mountain in southern Armenia, with slopes covered in dense forests and alpine meadows.

Zangezur Copper Molybdenum Combine

The Zangezur Copper Molybdenum Combine is the largest mining company in Armenia, located in the town of Kajaran.

Shikahogh State Reserve

Shikahogh State Reserve protects dense oak and hornbeam forests in southern Armenia.

Mount Kaputjugh

Mount Kaputjugh is the second highest mountain in Armenia, forming the border with Nakhchivan.