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ARGENTINA THIRD LARGEST INVESTOR IN ARMENIAN ECONOMY AT $55 MLN IN 2012
YEREVAN, June 28./ARKA/. Argentina is the third country to make
biggest direct investments in Armenia, at $55 million, in 2012,
Ambassador to Armenia Diego Alvarez Rivera said Friday.
"Compared to 2011, the figures rose by 5%," he said at the seminar
devoted to commercial and economic ties between Armenia and Argentina.
Araik Vardanyan, executive director of Armenia's Chamber of Commerce
and Industry, has said the largest investment project Argentina
implemented in Armenia was a construction of a new passenger terminal
of Zvartnots airport: total investments valued at $160 million.
New York-based holding company owns Armenian-International Airports
company, which, in turn, has been managing Zvartnots airport since
2001. The 100% stock of the holding is held by Argentinean businessman
of Armenian origin Eduardo Eurnekian.
The report of the Argentinean Embassy stated the top investor in
Armenia economy in 2012 was France (41% - $230 million), Russia came
in second (16%-$123 million).
According to the National Statistical Service of Armenia, the
total foreign investments in Armenian economy, received via banking
system and without state management, dropped by 8.6% from 2011 to
$ 1 587 million. Direct foreign investments hit $ 656.7 million
against $ 906.3 million (27.5-percent fall).-0- - See more at:
http://arka.am/en/news/business/argentina_third_largest_investor_in_armenian_econo my_at_55_mln_in_2012/#sthash.Y22bVdGy.dpuf
From: A. Papazian
YEREVAN, June 28./ARKA/. Argentina is the third country to make
biggest direct investments in Armenia, at $55 million, in 2012,
Ambassador to Armenia Diego Alvarez Rivera said Friday.
"Compared to 2011, the figures rose by 5%," he said at the seminar
devoted to commercial and economic ties between Armenia and Argentina.
Araik Vardanyan, executive director of Armenia's Chamber of Commerce
and Industry, has said the largest investment project Argentina
implemented in Armenia was a construction of a new passenger terminal
of Zvartnots airport: total investments valued at $160 million.
New York-based holding company owns Armenian-International Airports
company, which, in turn, has been managing Zvartnots airport since
2001. The 100% stock of the holding is held by Argentinean businessman
of Armenian origin Eduardo Eurnekian.
The report of the Argentinean Embassy stated the top investor in
Armenia economy in 2012 was France (41% - $230 million), Russia came
in second (16%-$123 million).
According to the National Statistical Service of Armenia, the
total foreign investments in Armenian economy, received via banking
system and without state management, dropped by 8.6% from 2011 to
$ 1 587 million. Direct foreign investments hit $ 656.7 million
against $ 906.3 million (27.5-percent fall).-0- - See more at:
http://arka.am/en/news/business/argentina_third_largest_investor_in_armenian_econo my_at_55_mln_in_2012/#sthash.Y22bVdGy.dpuf
From: A. Papazian