Tenders announced to select five managers of FEZs


2012 08 17


The Ministry of Economy invites companies and individuals to participate in international tenders aimed to develop the best business plans for the Akmenė, Kėdainiai, Marijampolė, Panevėžys and Šiauliai free economic zones (FEZ) as well as to select the groups of founders in the zones.

The successful tenderers will set up FEZ management companies with whom FEZ operation contracts will have to be signed for the period of 49 years. The FEZ management companies will be responsible for attracting investors who will establish production and service companies in the zone and create new jobs.

The zone management companies will be entitled to issue authorizations for operation in the zone and sublease the land of the zone to other companies registered in the zone as well as to establish service companies and determine the financial conditions for sub-lease of land and immovable property.

The deadline for submitting tenders is 4 October 2012.

More detailed information on the tender and the FEZ establishment activities is available on; you may also apply Tadas Jagminas, Director of the Project Management Department at Invest Lithuania, tel. (8 5) 262 7438, el. p. [email protected].