Foreign investment in Armenia tops 200m dollars in 2003

[Chilingarian Babken]

Foreign investment in Armenia tops 200m dollars in 2003

Mediamax news agency
1 Apr 04

YEREVAN

Foreign investment in the Armenian economy stood at approximately 230m
US dollars in 2003, the National Statistics Service told Mediamax
today.

Direct investment last year was 153m, an 8.9 per cent increase on
2002.

Funds received from the privatization of state enterprises accounted
for 43.8 per cent of direct investment (or 67m dollars).