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More Than 10% Of Investments In Armenia Fall On Russia

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  • More Than 10% Of Investments In Armenia Fall On Russia

    MORE THAN 10% OF INVESTMENTS IN ARMENIA FALL ON RUSSIA

    SKRIN Market & Corporate News
    September 5, 2006 Tuesday 1:18 PM GMT

    Foreign investments into real sector of the Armenian economy totaled
    $178.5mln in the first half of 2006, having increased by 27.9%,
    comparing with analogous index of 2005, Cbonds said. As REGNUM was
    informed at the Armenian National Statistic Service, direct investments
    totaled about $86.3mln (9.2% increase). In first half of 2006, 33.1%
    of direct investments were sent into communication sphere; 14.3% -
    into minerals industry; 9.4% - into air transportation sphere.

    Major investors into real sector of the Armenian economy are Lebanon
    - $49.6mln (increase by 2.1 times), Greece - $37.9mln (decrease by
    35%), Argentina - $17.2mln (increase by 3.7 times), Russia - $19.2mln
    (increase by 41.9%), the USA - $14.8mln (increase by 59.2%), and
    Germany - $12.1mln (increase by 63.1 times).
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