$1.6 BILLION WERE INVESTED IN ARMENIA IN 2012
Vestnik Kavkaza, Russia
April 2 2013
$1.59 billion were invested in Armenia in 2012, a drop by 8.6%,
compared with 2011. 49.82% were direct investments (and 37.6% foreign
investments) were spent on TV communications, the National Statistical
Service reports.
France increased investments 2.3-fold to $230 million, with 90%
of them in Orange Armenia.
Russia reduced investments 3.2-fold to $123 million, a third of which
was spent on communications. Russia invested $25 million in Armenian
energy, $7.2 million in non-ferrous metals, $25 million in retail
sales and $14.5 million in transportation.
Germany invested $48 million in mining, Switzerland $43 million in
mining, Seychelles $23 million in TV communications.
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