The general operational period of the FEZ in Gyumri is 40 years. Construction stages are planned as follows:1st stage – involves land with an area of ​​30 hectares;  2nd, 3rd and 4th stages- the gradual deployment of the necessary infrastructure so that the businesses registered here are able to benefit from maximum opportunities in their specific industries;  5th stage- the design company registers the status of the operator of the free economic zone. At the moment, the organizer of the Gyumri FEZ is an Israeli company, which is confirmed by a special permission of the Armenian government. The full launch of the FEZ is scheduled for 2031, but certain areas will be fully operational already starting from 2022.