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Russian Investment - Biggest In Armenia

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  • Russian Investment - Biggest In Armenia

    RUSSIAN INVESTMENT - BIGGEST IN ARMENIA

    The Messenger, Georgia
    Dec 4 2013

    By Messenger Staff
    Wednesday, December 4 Russia is the biggest investor in Armenia. It
    invests more than 40% of the total number of FDI. The trade
    turnover between Armenia and Russia has shown signs of permanently
    increasing. There are joint projects implemented in Armenia with
    the participation of the Russian and Armenian capitals. Russia is
    involved in running Armenian railways, a nuclear power station,
    and the construction and maintenance of several hydroelectric power
    stations. There are also different regions of Russia, which have
    direct contacts with the Armenian business sector.

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