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Russia, U.S. And Greece Make Largest Investments In Armenia In 1988-

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  • Russia, U.S. And Greece Make Largest Investments In Armenia In 1988-

    RUSSIA, U.S. AND GREECE MAKE LARGEST INVESTMENTS IN ARMENIA IN 1988-2007

    Noyan Tapan
    Jun 06 2007

    YEREVAN, JUNE 6, NOYAN TAPAN. In 1988-2007, the total amount of
    foreign investments in the real sector of Armenia's economy made 2
    bln 576 mln 589.4 thousand USD.

    As of late March 2007, Russias made the largest amount of investments -
    846 mln 264.9 thousand USD. During the indicated period the US invested
    240 mln 980.3 thousand USD, while Greece - 213 mln 988.1 thousand USD.

    In 1988-2007, Lebanon's investments in the real sector of Armenian
    economy made 203 mln 683.1 thousand USD, investments of Germany -
    190 mln 249.8 thousand USD. French companies invested 178 mln 456.3
    thousand USD in the indicated period, Canadian companies - 155 mln 70.5
    thousand USD, while Argentine companies - 122 mln 921.1 thousand USD.

    Investments of Great Britain in the indicated period amounted to 78
    mln 788 thousand USD, those of Cyprus - 62 mln 539.2 thousand USD,
    of Luxemburg - 37 mln 810.3 thousand USD, of Switzerland - 28 mln
    631.1 thousand USD, of Panama - 23 mln 494.4 mln USD.

    According to the RA National Statistical Service, in the period
    under review, investments of 12.5-17.5 mln USD were made by Bahamas,
    Liechtenstein, Italy, the Netherlands, Finland and Belgium.

    In the indicated years 46 countries made investments of 1 thousand
    USD or over each in Armenia.
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