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BRITISH AMBASSADOR HOPES FOR INFLOW OF BRITISH INVESTMENTS TO ARMENIA'S MINING INDUSTRY
YEREVAN, November 27. /ARKA/. British Ambassador to Armenia Katherine
Leach, speaking today at a news conference held on the occasion of a
three-day visit of a delegation of British businessmen to Yerevan, said
that Armenia's mining industry is quite attractive and expressed hope
for inflow of her country's investments to Armenia's mining industry.
The delegation is made up of representatives of eight companies. The
businessmen came here to explore room for cooperation with Armenia.
Ms Leach said that British entrepreneurs are interested in making
investments in some segments of the Armenian economy, such as
construction of infrastructures, retail trade and information
technology in Armenia.
She said that British entrepreneurs had invested money in Armenia's
banking and healthcare sectors as well as in chemicals and raw
materials industries.
According to the Armenia's latest official statistical reports,
British entrepreneurs have invested $8.8 million in Armenia's economy
over a period between January and June 2012 against $22.6 million in
Jan-June 2011, and the foreign investments made in Armenia over the
first six months of this year totaled $266.1 million after shrinking
39.4%, compared with the same period a year earlier.
Direct foreign investments amounted to $147.5 million in Jan-June
2012 - 59.7% year-on-year decline. -0-
YEREVAN, November 27. /ARKA/. British Ambassador to Armenia Katherine
Leach, speaking today at a news conference held on the occasion of a
three-day visit of a delegation of British businessmen to Yerevan, said
that Armenia's mining industry is quite attractive and expressed hope
for inflow of her country's investments to Armenia's mining industry.
The delegation is made up of representatives of eight companies. The
businessmen came here to explore room for cooperation with Armenia.
Ms Leach said that British entrepreneurs are interested in making
investments in some segments of the Armenian economy, such as
construction of infrastructures, retail trade and information
technology in Armenia.
She said that British entrepreneurs had invested money in Armenia's
banking and healthcare sectors as well as in chemicals and raw
materials industries.
According to the Armenia's latest official statistical reports,
British entrepreneurs have invested $8.8 million in Armenia's economy
over a period between January and June 2012 against $22.6 million in
Jan-June 2011, and the foreign investments made in Armenia over the
first six months of this year totaled $266.1 million after shrinking
39.4%, compared with the same period a year earlier.
Direct foreign investments amounted to $147.5 million in Jan-June
2012 - 59.7% year-on-year decline. -0-