Lithuania Armonait Discuss Tender

The Minister of Economy and Innovation will visit the Akmen district where he will be interested in the development prospects of the free economic zone FEZ located here and will meet with business representatives and the district management.Akmen district is a great example when large business investments and new jobs are starting to fundamentally change the development of the district. Now it is important that the positive changes do not stop the FEZ is further expanded and opportunities are opened to invite even more companies here said the Minister. A. Armonait will meet with the Mayor of Akmen District Municipality Vitalijus Mitrofanovas Director of Akmen FEZ Lina Mockute representatives of companies operating here. The Minister will also visit the Western Wood Group VMG plant and Akmens cemente.During the working visit the Minister will discuss issues relevant to the development of the district how to attract new investors create more jobs for local residents and take interest in business development plans.The FEZ located in Akmen is the youngest of the 7 FEZs operating in the country but it is developing very fast. Last autumn VMG opened one of the largest particle board plants in Europe with an investment of 146 million. and created 140 jobs. VMG plans to invest more than 250 million in two new plants to be opened here in the coming years. Eur create another 850 jobs.In order to attract new investors it is planned to invest more than 3 million LTL in the development of this FEZ infrastructure in the coming years. euros. Additional opportunities for transportation by rail and road will be created in the territory other modern solutions will be installed which will increase its attractiveness to investors. It is also planned to connect a new plot of almost 10 ha to the FEZ territory.