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BAKU: Volume Of Foreign Investments Attracted To Azerbaijan's Occupi

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  • BAKU: Volume Of Foreign Investments Attracted To Azerbaijan's Occupi

    VOLUME OF FOREIGN INVESTMENTS ATTRACTED TO AZERBAIJAN'S OCCUPIED TERRITORIES BY ARMENIA MADE PUBLIC - TABLE

    APA, Azerbaijan
    Sept 11 2013

    [ 11 September 2013 14:14 ]

    Baku. Rashad Suleymanov - APA. The Armenian government is benefiting
    from the activities of foreign companies to accelerate the settlement
    in Nagorno-Karabakh, Public Union on Protection of Historical and
    Cultural Monuments in the Occupied Territories told APA.

    According to the investigations of the organization, the Armenian
    government has involved a number of foreign companies to invest in
    Karabakh since 1999. Though, the activities of many of these companies
    haven't been officially registered, interesting results have been
    recorded in the activities of officially registered organizations. 24
    companies officially operating in Karabakh, including Armenia invest $
    35 096 500 in their production facilities in Karabakh every year. At
    the expense of it 1325 permanent jobs have been created in Karabakh.

    The leaders of foreign companies operating in Karabakh have established
    their 6 subsidiaries that are local enterprises there.

    They were able to create 400 more permanent jobs by investing $ 2 745
    300 in these subsidiaries every year. As a result of this illegal
    activity $ 37 841 800 is invested in Karabakh by foreign companies
    every years. Foreign companies operating in the occupied territories
    are mainly engaged in telecommunications, floor tile production,
    construction materials and agricultural products, wood processing
    and other types of activities.

    Volume of investments in Nagorno-Karabakh and number of jobs created
    by the leading companies of foreign countries (1999-2012): See tables
    at http://en.apa.az/news/199245

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