The Klaipeda FEZ is one of the first and most effectively managed free economic zones in the region according to the number of investments attracted and jobs created. Within its 412 ha area, companies are provided with specific preferential economic and legal conditions for their production and warehousing operations. An engineering infrastructure has been created and continuously developed in the area in which more than 21.5 million EUR has been invested up to date from the European Union, national and private funds. The Klaipeda FEZ has signed agreements with 23 foreign and Lithuanian companies, and 17 of these have already commenced their activities. Since the start of their operation, these companies have invested more than 458 million EUR in this economic zone. The Klaipėda FEZ is a recognised economic project of national significance.