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Foreign investment in Armenia tops 200m dollars in 2003

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  • Foreign investment in Armenia tops 200m dollars in 2003

    Foreign investment in Armenia tops 200m dollars in 2003

    Mediamax news agency
    1 Apr 04

    YEREVAN

    Foreign investment in the Armenian economy stood at approximately 230m
    US dollars in 2003, the National Statistics Service told Mediamax
    today.

    Direct investment last year was 153m, an 8.9 per cent increase on
    2002.

    Funds received from the privatization of state enterprises accounted
    for 43.8 per cent of direct investment (or 67m dollars).
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