Minister: Armenia has 6,000 registered companies with foreign capital
27.12.2014,
12:33
Armenia has 6,000 registered companies with foreign capital, according to the latest data, Armenian Economy Minister Karen Chshmarityan said Friday at a news conference.
YEREVAN, December 26. /ARKA/. Armenia has 6,000 registered companies with foreign capital, according to the latest data, Armenian Economy Minister Karen Chshmarityan said Friday at a news conference.
In his words, Armenia has agreements with 39 countries on promotion and protection of investments and is negotiating now with other 28 countries to sign similar agreements.
The National Statistical Service of Armenia says that foreign investments made into Armenia’s economy not via banks and without the government’s participation totaled about AMD 616.7 billion in Jan-Sept 2014.
Net inflow of foreign investments (the difference between the amount invested within a given period and allowance for capital depreciation during the same period) amounted to about AMD 103.6 billion.
Direct foreign investments in the Armenian economy totaled AMD 311.5 billion and the net inflow of direct foreign investments amounted to about AMD 107.1 billion.
Russia was the largest investor to Armenia in Jan-Sept 2014. Its investments in the real sector of Armenia’s economy amounted to about AMD 271 billion, of which AMD 271 billion came as direct investments. ($1 – AMD 461.58). ---0-----
