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.