31Mar

Registration of 178 Manufacturing & Industrial Companies in Aras Free Zone within Last 11 Months

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The CEO of Aras Free Trade and Industrial Zone announced the registration of 178 manufacturing and industrial companies within the last 11 months in Aras.
Arab-Baghi declared the registration of 2886 companies since 2005 up to this February and stated, “During the last 11 months, 1738 companies have been registered from among which 178 ones were of manufacturing and industrial type.”
“Considering the economic advantages in Aras, within the last 11 months, 1344 trade companies, 216 service companies, and 178 manufacturing and industrial companies have been registered”, Arab-Baghi stated.
Announcing the release of 682 corporate licenses for active guilds in Aras, he asserted, “272 business cards have been issued and extended in Aras Free Zone so far.”
“Currently, 168 manufacturing and industrial units are under construction and there are 71 active units in industry and manufacturing, 34 storehouses, 24 business units, 170 service units and 21 car import companies”, the CEO of Aras Free Zone expressed.

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Aras Free Zone during the three recent economic, social and cultural development programs relying on knowledge-based management and capable consultants as well as motivated and specialized staff has become a pioneer region in the country and in terms of performance has indeed turned into a model for other free zones within the country and among countries of the region.

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