Foreign investments drop to $131mln in Armenia in January-March
01.06.2013,
14:25
Total foreign investments in Armenia’s real economy (excluding investments through banks and state administration) amounted to $131 million in January-March this year, ArmStat reports. It is said to be a reduction of 11.9% compared with the same period of the year before.
YEREVAN, June 1. /ARKA/. Total foreign investments in Armenia’s real economy (excluding investments through banks and state administration) amounted to $131 million in January-March this year, ArmStat reports. It is said to be a reduction of 11.9% compared with the same period of the year before.
Direct foreign investments in Armenia’s real economy totaled $57.7mln, reduction of 35.4% in the period.
According to ArmStat, Canada is the leader in total foreign investments in Armenia in January-March 2013. Its foreign investments in Armenia’s real economy amounted to $34 million, which is a reduction of 22.2% against the same period of the year before. Yet, Canada made no direct foreign investments in Armenia’s real sector in the period.
The next biggest investors are Argentina and France.
Argentina’s total investments in Armenia’s real economy amounted to $26.9mln (6.7-time increase), including about $5.6mln worth direct investments (98.8% increase).
France invested a total of about $25.4mln, all in direct investments (24.3% increase).
Russia’s investments in Armenia totaled $21.7mln (19.5% reduction), including about $19mln in direct investments (28.7% decrease).
According to the statistics, 26% of total foreign investments in Armenia were made in mining and 52.53% of direct investments in telecommunications in January-March. ($1=417.22drams). -0-
