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The Government of the Republic of Lithuania announces Five International SEZ Management Tenders 

August 16, 2012, Invest Lithuania
The Government of the Republic of Lithuania invites companies and individuals to participate in a series of international management tenders for the operation of five Special Economic Zones (SEZ). Applicants will be selected on the basis of the viability of their business plans for one or more of the zones located in the Šiauliai, Panevėžys, Kėdainiai, Marijampolė and Akmenė regions of Lithuania.

“The two SEZs that are already up and running have set a good precedent for how managerial skills coupled with business expertise can generate lucrative business opportunities and sustainable regional development. Located in Kaunas and Klaipėda, they regularly score high on international SEZ performance rankings. Exports from these zones account for up to 10 per cent of total national exports. I expect the new SEZs will have the same rejuvenating effect on the industries of their host cities as well,” - said M. Dargužaitė, Managing Director of Invest Lithuania.

The winner of each tender will set up a zone management company and sign a   management agreement with an institution authorized by the Government of the Republic of Lithuania, valid for 49 years. The zone management company will be responsible for attracting investors who will establish production and service companies in the zone and create new jobs.

The zone management company will enjoy the right, among others, to register economic entities in the zone,  determine the internal rules of procedure in the zone,  sublease the land and real estate to enterprises registered in the zone, as well as to establish service providers in the zone.

The deadline for submitting an offer is 4 October 2012.

For more information please visit http://www.investlithuania.com/en/doing-business/investment/special-economic-zones or contact Mr. Domas Girtavicius, Account Manager in the Investment promotion department at „Invest Lithuania“ at domas.girtavicius@investlithuania.com or 00370 5 264 9068.