ArmInfo. For better positioning in the eyes of the US business circles, as well as engaging in the Armenian economy US investment in the near future on the initiative of the Armenian Development Fund (ADF) in the Republic of Armenia will host workshops, which will feature the creative development of local expertise. "Immediately on his return to Armenia, we are planning to organize a seminar 1-2, where in one place will gather all creative thinkers," - said the executive director of the ADF Armen Avak Avakian after round table discussions with representatives of the American medium and large businesses in Los Angeles.
As the press service of the FRA, during his visit to the United States head of the organization, accompanied by Chairman of the Armenian-American Business Council Alec Baghdasaryan visited a number of technology companies, including «Career», «QUETICO», «Cater Truck». The investment prospects of Armenia were discussed with the heads of the companies.
Previously, ArmInfo reported that a presentation of investment opportunities of Armenia was held in the American Los Angeles. Head of ARF told US investors about the readiness of Yerevan to become an important platform to enter the Iranian market (from $ 450 billion GDP) and the EAEC (with $ 3 trillion of GDP). In addition, during the presentation "Choose Armenia" in the video "Nation of Innovation", the achievements and opportunities of the republic in the field of IT were demonstrated. The event was held on the initiative of the Armenian Genocide in Los Angeles. Head of the Chamber of Commerce of Los Angeles County and Orange County, and the cities of Los Angeles and Glendale, representatives of consulting agencies and corporate executives, attended it.
To note, as of April 1, 2017 accumulated gross investment in Armenia from the US amounted to 211.1 billion AMD or $ 436.6 million with an annual growth of 13%. In particular, FDI amounted to 122.6 billion or $ 253.6 million, with annual growth of 11%. Taking into account repayments, gross investments amounted to over 99 billion or $ 204.8 million with annual growth of 4%, including FDI 80.5 billion AMD or $ 166.5 million with an annual decline of 4%. (The calculated exchange rate of AMD as of March 31, 2017 was 483.45 AMD).