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$1.6 Billion Were Invested In Armenia In 2012

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  • $1.6 Billion Were Invested In Armenia In 2012

    $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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