LEBANON, RUSSIA, AND ARGENTINA MAKE BIGGEST INVESTMENTS<br /> INTO ARMENIAN ECONOMY'S REAL SECTOR IN JANUARY-JUNE, 2007<br />


LEBANON, RUSSIA, AND ARGENTINA MAKE BIGGEST INVESTMENTS
INTO ARMENIAN ECONOMY'S REAL SECTOR IN JANUARY-JUNE, 2007

  • 04-09-2007 19:45:00   | Armenia  |  Economy
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. Lebanon is the leader in the total amount of foreign investments made in Armenian economy's real sector in the first six months of the current year with 84m USD, which exceeded the index of the same period of the previous year by 69.3%. According to the data of the RA National Statistical Service, Russia has made investments amounting to nearly 74m USD in that period, the amount of which exceeded the index of January-June of the previous year 3.8-fold. The amount of Argentina's investments makes more than 23.5m USD in the first six months of the current year, increasing by 36.8% against January-June of 2006. The next big investors and Cyprus, nearly 7.2m USD (increased two-fold), Virginian Islands, more than 6.8m USD (no investments have been made by that country in the first six months of 2006), France, nearly 10.5m USD (growth 2.3-fold), the U.S., nearly 11.3m USD (decreased by 24%), Germany, nearly 3.6m USD (decreased by 70.5%), and Great Britain, nearly 6.4m USD (growth five-fold). Lebanon's investments in the first six months of 2007 have been almost completely done in the communication sphere. Russia's investments in that sphere amounted to nearly 38m USD, in the sphere of financial brokerage nearly 8.2m USD, in the metallurgial industry nearly 16.1m USD. 23m USD out of the investments made in Armenia by Argentina have been made in the sphere of air transport and nearly 1.1m USD in the spheres of auxiliary and additional transport activity. Cyprus has made investments of nearly 4.8m USD in the sphere of wholesale trade and trade through brokers, investments of nearly 2.4m USD in the construction sphere. The investments made in Armenia by Virginian Islands have been completely made in the spheres of hotel and restaurant services. 10.1m USD out of the financial investments made by France have been done in the sphere of production of foodstuffs, including drinks. Nearly 4.3m USD out of the investments made by the U.S. have been done in the spheres of activity connected with computing devices, more than 1.9m USD researches and elaborations, 3.3m USD in rendering "other kinds" of services to consumers. The investments made by Germany have been done in the sphere of Armenian mining industry, and those of Great Britain in the spheres of financial brokerage (nearly 4.7m USD), production of equipment for television and telecommunication (nearly 0.9m USD), and publishing activity, as well as sphere of multiplication of disks containing recorded information.
  -   Economy