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Russia In First Place By Amount Of Investments Made In Armenia In 20

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  • Russia In First Place By Amount Of Investments Made In Armenia In 20

    RUSSIA IN FIRST PLACE BY AMOUNT OF INVESTMENTS MADE IN ARMENIA IN 2006

    Noyan Tapan
    Apr 05 2007

    YEREVAN, APRIL 5, NOYAN TAPAN. In 2006, the foreign investment
    inflow into the Armenian economy (including those through the state
    governance system and the banking system) made 604.3 mln USD, which is
    more by 18.9% compared with the previous year. The inflow of direct
    investments made 305 mln USD (6.3% growth), of other investments -
    289.6 mln USD (31.7% growth), of portfolio investments - 9.7 mln USD
    (8.6fold growth).

    According to the RA National Statistical Service, in 2006, the
    outflow of financial resources from Armenia in the form of investments
    (without interest and dividents paid and credits re-paid) amounted
    to 27.9 mln USD.

    In 2006, foreign investment inflow into the real sector of the
    Armenian economy (without those through the state governance system
    and the banking system) grew by 10.9% on the previous year and made
    444 mln 120.4 thousand USD, with direct investments making 250 mln
    727.5 thousand USD (2.6% growth).

    The total amount of foreign investments in the real sector (without
    privatization resources) grew by 24.8% in 2006 on 2005, the total
    amount of direct investments - by 25.4%.

    Russia was in first place by the amount of investments made in Armenia
    in 2006 - 87 mln 454.1 thousand USD. The amount of investments from
    Russia increased 1.3fold compared with 2005 whwn Russia was in third
    place by the amount of investments in Armenia. By results of 2006,
    Lebanon is in second place by this index (64 mln 753.8 thousand USD -
    3.7% growth), and Argentine - in third place (62 mln 603.5 thousand
    USD - 5.6fold growth).
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