RUSSIA AND ARGENTINA MAKE LARGEST INVESTMENTS IN REAL SECTOR OF ARMENIAN ECONOMY IN JANUARY-MARCH 2008
Noyan Tapan
Ju ne 10, 2008
YEREVAN, JUNE 10, NOYAN TAPAN. Russia was the leader by the amount
of foreign invetsments in the real sector of Armenian economy in
January-March 2008 – 109 mln 187.7 thousand USD, which exceeded
3.3fold the index of the same period of 2007.
According to the RA National Statistical Service, investments of
Argentina amounted to 15 mln 345.2 thousand USD in the first three
months of 2008, growing by 90.2% as compared with January-March 2007.
Among other big investors in the real sector of the Armenian economy
were Cyprus – 1 mln 762.8 thousand USD (70.1% decline), France – 4 mln
957.7 thousand USD (5.9% decline), the U.S. – 10 mln 139.9 thousand USD
(2.1fold growth), Germany – 6 mln 816.3 thousand USD (90.6% growth),
Luxemburg – 4 mln 276 thousand USD (7.5fold growth), Liechtenstein –
9 mln USD (no investments were made in the first three month of 2007),
and Australia – 2 mln 799.9 thousand USD (no investments in the first
three months of 2007).
Russia’s investments in communication sector made 70 mln 853.2 thousand
USD, in metallurgy – 7 mln 391.9 USD, in production and distribution
of power, gas, hot water and steam – 25 mln 89.3 USD, in provision
of services of other types to consumers – 2 mln 645 thousand USD,
in recreational sector – 1 mln 396 thousand USD, and in provision of
personal services – 1 mln 60.5 thousand USD.
Argentina’s investments in air transport made 13 mln 996.4 thousand
USD, in auxiliary transport activity – 1 mln 357.8 thousand USD. Cyprus
made investments of 1 mln 679.1 thousand USD in mining industry. France
invested 4 mln 957 thousand USD in food industry, including drink
production.
The U.S. made investments of 4 mln 620.2 thousand USD in computer
engineering, 1 mln 640 thousand USD – in research and developments,
3 mln 126.3 thousand USD – in hotel and restaurant services.
The whole amount of Germany’s investments – 6 mln 816.3 thousand USD
was made in mining industry of Armenia. Australia made investments
of 2 mln 799.9 thousand USD in metal ore mining, Luxemburg invested
4 mln 276 thousand USD in food industry, including drink production,
and Liechtenstein made investments of 9 mln USD in metallurgy.