Tweet
FOREIGN INVESTMENTS IN ARMENIA IN 2006 TO EXCEED LAST YEAR'S INDEX BY 20-25%
Noyan Tapan
Dec 26 2006
YEREVAN, DECEMBER 26, NOYAN TAPAN. By preliminary calculations, the
amount of foreign investments in Armenia in 2006 will grow by 20-25%
compared with 2005. The RA Minister of Trade and Economic Development
Karen Chshmaritian said this at the December 26 press conference. In
2005, foreign investments made 400.4 mln USD, direct investments -
244.4 mln USD. In January-September 2006, foreign investments in the
real sector of the Armenian economy (without those received through
the state governance and banking systems) amounted to 297.4 mln USD,
including direct investments of 149 mln USD. The total amount of
foreign investments in the real sector grew by 31.8%, compared with
the first nine months of 2005, the amount of direct investments
- by 8%. K. Chshmaritian said that in the first 9 months of this
year, considerable foreign investments wer made in such companies as
Armenia International Airports, VivaCell, ArmenTel, ArmenAl, Zangezur
Copper and Molybdenum Enterprise, Synopsys, Viasphere Technopark and
Unicomp. The investmemts were mainly used for introduction of new
technologies and equipment and extension of production capacities.
Noyan Tapan
Dec 26 2006
YEREVAN, DECEMBER 26, NOYAN TAPAN. By preliminary calculations, the
amount of foreign investments in Armenia in 2006 will grow by 20-25%
compared with 2005. The RA Minister of Trade and Economic Development
Karen Chshmaritian said this at the December 26 press conference. In
2005, foreign investments made 400.4 mln USD, direct investments -
244.4 mln USD. In January-September 2006, foreign investments in the
real sector of the Armenian economy (without those received through
the state governance and banking systems) amounted to 297.4 mln USD,
including direct investments of 149 mln USD. The total amount of
foreign investments in the real sector grew by 31.8%, compared with
the first nine months of 2005, the amount of direct investments
- by 8%. K. Chshmaritian said that in the first 9 months of this
year, considerable foreign investments wer made in such companies as
Armenia International Airports, VivaCell, ArmenTel, ArmenAl, Zangezur
Copper and Molybdenum Enterprise, Synopsys, Viasphere Technopark and
Unicomp. The investmemts were mainly used for introduction of new
technologies and equipment and extension of production capacities.