Pan Armenian News
OVER $300 MILLION INVESTED IN ARMENIAN ECONOMY IN 2004
12.04.2005 05:56
/PanARMENIAN.Net/ In 2004 the volume of foreign investment in the economy of
Armenia made $305.5 million, exceeding the last year’s index 33.2%. In the
words of Deputy Minister of Trade and Economic Development of Armenia Tigran
Davtian, the volume of direct investment increased 47.7%, making $226.7
million in 2004. Greece takes the first place in the range of countries
investing in the economy of Armenia – $85 million, Russia is the second –
$67 million, Germany is the third – $32 million, Argentina is the fourth –
$30 million and the U.S. is the fifth – $24 million.
Disclaimer: This article was contributed and translated into English by Varosian Antranik. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2005/04/13/over-300-million-invested-in-armenian-economy-in-2004/