GROWTH OF US AND RUSSIAN INVESTMENTS OBSERVED IN ARMENIA
news.am
Sept 2 2011
Armenia
YEREVAN. – Foreign investments in Armenia made $422 in first half of
2011, says National Statistical Service.
In relation to the same period of previous year, foreign investments
grew by 28.8%, direct investments by 58.6%. Russia has the largest
share in the growth of foreign investments. In first half-year of
2011 Russian investments totaled $ 206 million, increased by 77%
and make approximately half of all investments.
The second largest investor in the economy of Armenia is France
with $ 68 million. The French invest mainly in the sphere of
telecommunications. U.S. investments reached $ 35 million, which is
the third indicator (increased 2.8 times). U.S. companies, being
mostly engaged in information technologies, directed $ 15 million
to funding of scientific researches, $ 3 million for software and
computer services.
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