34,13% of foreign investments aimed at Armenia’s mining industry

34,13% of foreign investments aimed at Armenia’s mining industry

December 14, 2012 – 17:09 AMT

PanARMENIAN.Net – Foreign investments in Armenian economy decreased by
35,2 % in January-September 2012 to total $391,1 mln as compared with
the same period of 2011.

According to RA National Statistical Service, foreign direct
investment (FDI) dropped by 53,8% to gross $221,3 mln in
January-September 2012.

19,46% of the total foreign investments and 34,13% of FDI were aimed
at mining industry and operation of minefields, with 22,23% and 10,93%
of FDI aimed at telecommunications and real estate sectors.