Foreign Investments In Armenia Make 60 Mln 191.3 Thousand USD In Fir

FOREIGN INVESTMENTS IN ARMENIA MAKE 60 MLN 191.3 THOUSAND USD IN FIRST QUARTER
YEREVAN, JUNE 3, NOYAN TAPAN. In January-March of 2005, foreign
investments of a total of 60 mln 191.3 thousans USD were made in
Armenia, which exceeded by 44% the index of the same period of last
year. In the indicated period, direct foreign investments made 35
mln 657.6 thousand USD, exceeding by 27.5% the respective index of
2004. According to the RA National Statistical Service, 63.4% of
the overall foreign investments and 47,4% of the direct investments
was allocated to the sphere of communication. 17.3% of the direct
investments was made in the production of foodstuffs and drinks,
while 11.5% – in the air transport sector.