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Canada Made The Largest Investments In Armenia This Year

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  • Canada Made The Largest Investments In Armenia This Year

    CANADA MADE THE LARGEST INVESTMENTS IN ARMENIA THIS YEAR

    10:58, 18 December, 2012

    YEREVAN, DECEMBER 18, ARMENPRESS: 391 million dollar worth investment
    was made in Armenia in the course of the last passing nine months.

    Vahagn Lalayan head of Investment Policy Department, Ministry of
    Economy of the Republic of Armenia stated in the briefing with
    Armenpress, "According to first three quarter data of the National
    Statistical Service of Armenia, foreign direct investment amounted
    to 221 million dollars".

    In the words of Lalayan Canada occupies the first place in investment
    reportedly 102 dollars investment , Russia comes the second with
    subsequent 83 million dollars investment , then Switzerland 39
    million dollars: there are a number of other countries in the list
    as well. If we dwell on the fields, most investments were made in
    the mineral industry, then in the field of telecommunications and
    the third in manufacturing industry. In the field of mining Canada,
    Switzerland occupy the first place:Russia, France are the leaders in
    telecommunication field, in manufacturing industry various countries
    are engaged.

    "France is a leader in the drinks industry, " South Caucasian
    railway" leader in land transport sphere and reportedly Zvartnots
    airport owner in air communication field" head of Investment Policy
    Department stated. Lalayan stressed a number of projects have been
    implemented in 2012 by foreign investments, in the frame of which
    various factories, particularly in the field of wine and light industry
    have been exploited in the course of the year.


    From: Baghdasarian
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