Monday, April 2 2012 17:00
Most of foreign investments in Armenia in 2011 directed to telecommunications and base metals production
ArmInfo. Most of the investments in Armenia were directed to telecommunications and base metals production sphere in 2011. The National Statistical Service of Armenia told ArmInfo that the share of base metals was 23.69% ($193.4 mln, over 70% being direct foreign investments) of the total volume of investments in Armenia in 2011, and the share of telecommunications was 17.54% ($143.2 mln, about 97% being DFI). The third position belongs to the sphere of electric and thermal power and gas supply - 12.42% ($101.4 mln, over 96% being DFI), which is followed by land transport - 5.35% ($43.7 mln, the whole amount being DFI), air transport - 4.83% ($39.4 mln, over 15% being DFI) and production of drinks - 4.08% ($33.3 mln, 87% being DFI).
The inflow of foreign investments to Armenia's economy (including state governing and loans received by the banking system) in 2011 amounted to $1654 mln (6.3% growth versus 2010). In the structure of fore investments the share of DFI made up $813.3 mln (15.1% growth versus 2010). Other investments dropped by 0.8% to $829.9 mln versus 2010, and the portfolio investments were down 11.7% to $10.8 mln. The outflow of investments from Armenia amounted to $115.8 mln (22.4% growth versus 2010). The inflow of foreign investments to Armenia's economy (excluding state governing and loans received by the banking system) in 2011 amounted to $816.3 mln (16.2% versus 2010), of which $631.4 mln were DFI (30.7% growth versus 2010). The privatization funds exclusive, the volume of foreign investments in the real sector of Armenia's economy was up 16.2%, and DFIs were up 30.7% versus 2010.
The top five leaders in terms of total volume of investments in Armenia are Russia - $393.9 mln (45.7% growth versus 2010), of which $338.2 mln were DFI (73.8% growth), France - $100.4 mln (completely DFI with 31.6% decline versus 2010), the USA - $43.8 mln (2.7-fold growth), of which $23.2 mln were DFI (3.8-fold growth), Great Britain - $33.7 mln (8.8-fold growth), of which $9.9 mln were DFI (2.7-fold growth) and Canada - $31.7 mln (22.1% growth), with only a smart part of the amount being DFI.
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