Friday, September 8 2017 14:53
Karina Melikyan

In Q1 2017 foreign investments in the volume of $ 1 billion were received to the real sector of Armenian economy with annual growth of 36.6%

In Q1 2017 foreign investments in the volume of $ 1 billion were  received to the real sector of Armenian economy  with annual growth  of 36.6%

ArmInfo. In Q1 2017, foreign  investments in the volume of the order of more than $ 1.024 billion  came to the real sector of the economy of Armenia. The growth was  36.6% year-on-year. Of these, almost $ 328 million came in the form  of FDI (with an annual growth of 26.3%). As explained by ArmInfo in  the Ministry of Economic Development and Investments of the Republic  of Armenia, $ 516.7 million (including FDI - $ 194 million) was  received in the first quarter, and $ 507.7 million in the second  quarter (including $ 133.9 million in FDI).

The Ministry, based on the trends of previous years and actual growth  data in the third and fourth quarters of 2016 and the trends of  previous years, suggests that in the same periods of 2017, due to the  seasonal activity of companies, an increase in the inflow of foreign  investment will also be recorded.

Nevertheless, the net flow of general foreign investment in the first  half of this year. ($ 65.3 million) and Cyprus ($ 13.7 million), as  well as the United Arab Emirates ($ 1.1 million), Hungary ($ 806.3  thousand) and Cuba ($ 729 thousand), and large negative volumes in  France ($ 15.1 million), Canada ($ 11 million), Germany ($ 8.9  million) and the Netherlands ($ 8.5 million). In terms of FDI, large  positive net investments were recorded in Jersey ($ 65.3 million),  Germany ($ 15.7 million) and Great Britain ($ 3.4 million).

The bulk of the net flow of investments in the reporting period  drowned in the mining sector - $ 36 million, the real estate market -  $ 7.9 million, water supply and waste management - $ 7 million,  recreation - $ 2.5 million, and in terms of FDI, the dominant volume  accounted for wholesale and retail trade - $ 3.2 million.  Large  repayments in this period were recorded for the production of  beverages (France), telecommunications (Lebanon), energy (Russia),  and it was in these sectors of the company, in order to avoid the  accumulation of losses due to subjects in recent years, others  attracted foreign investment, which is now underway, and maturity.  This indicates the solvency of companies, and it is possible that  after the repayments a new stage of attracting investments will  begin.

The gross volume of foreign investments received in the real sector  of the Armenian economy as of July 1, 2017 amounted to $ 13.98  billion, of which $ 7.636 billion - FDI. The championship is held by  Russia - $ 5.083 billion, followed by Germany - $ 1.505 billion,  Cyprus - $ 1.056 billion and France - $ 1.055 billion. 

READ ALL COMMENTS

Александр
И в какие компании инвестирована эта фантастическая цифра в 1 млрд

POST A COMMENT
Input digits     


News
In Armenia`s  interbank foreign exchange market,  dollar, ruble  transactions decreased from August 25 to 29, 2025In Armenia`s  interbank foreign exchange market,  dollar, ruble  transactions decreased from August 25 to 29, 2025
A New Funding Opportunity - Unsecured Agri Loan from AraratBankA New Funding Opportunity - Unsecured Agri Loan from AraratBank
Zakharova does not rule out  Armenian  Prime Minister`s   participation in  Zakharova does not rule out  Armenian  Prime Minister`s   participation in  "World Atomic Week"
Armenia, U.S. to cooperate in nuclear energy, including small modular  reactorsArmenia, U.S. to cooperate in nuclear energy, including small modular  reactors
Ameriabank presents the First Digital Business Cards in ArmeniaAmeriabank presents the First Digital Business Cards in Armenia
Minister:  Draft law Minister:  Draft law "On Cybersecurity" submitted to  National  Assembly  for consideration
Armenia to regulate regular road transportation of passengers and  goods with ChinaArmenia to regulate regular road transportation of passengers and  goods with China
Pashinyan: Armenia is at historically highest point of its well-beingPashinyan: Armenia is at historically highest point of its well-being
Fresh fruit and vegetable exports increased: Economy MinisterFresh fruit and vegetable exports increased: Economy Minister
RA Central Bank Governor: Banking system assets reach 109% of GDPRA Central Bank Governor: Banking system assets reach 109% of GDP
SRC: In January-July, taxi drivers issued a total of 57 million  receipts, amounting to  $16.9 millionSRC: In January-July, taxi drivers issued a total of 57 million  receipts, amounting to  $16.9 million
Cashback system for non-cash payments to be launched in Armenia in a  pilot modeCashback system for non-cash payments to be launched in Armenia in a  pilot mode
Armenia  preparing for international wine competition Mondial de  BruxellesArmenia  preparing for international wine competition Mondial de  Bruxelles
EFSD mission got acquainted with  construction of 32-km section of   Kajaran-Agarak road EFSD mission got acquainted with  construction of 32-km section of   Kajaran-Agarak road 
Ameriabank Leads Mortgage Market with More Than 22% ShareAmeriabank Leads Mortgage Market with More Than 22% Share
UNICEF and CyberHUB-AM launch first online platform in Armenia to  support children and adolescentsUNICEF and CyberHUB-AM launch first online platform in Armenia to  support children and adolescents
Armenia, Iraq exploring opportunities to restore direct flightsArmenia, Iraq exploring opportunities to restore direct flights
Next year, Tumo Center for Creative Technologies to open in UruguayNext year, Tumo Center for Creative Technologies to open in Uruguay
Armenian Card reports: Due to issues with Internet channels,  E-commerce transactions are unavailableArmenian Card reports: Due to issues with Internet channels,  E-commerce transactions are unavailable
Iraq proposes to establish joint committee with Armenian businessmen  to boost trade and economic relationsIraq proposes to establish joint committee with Armenian businessmen  to boost trade and economic relations
4th meeting of  Intergovernmental Commission on Economic Cooperation   held in Yerevan 4th meeting of  Intergovernmental Commission on Economic Cooperation   held in Yerevan 
Non-resident electronic services providers paid 3.1 billion drams in  VAT to Armenia`s state treasury-  SRC head Non-resident electronic services providers paid 3.1 billion drams in  VAT to Armenia`s state treasury-  SRC head 
So, who`s the one lying now: Rosselkhoznadzor  returned 21 trucks  with quarantine products to Armenia over  the past three daysSo, who`s the one lying now: Rosselkhoznadzor  returned 21 trucks  with quarantine products to Armenia over  the past three days
State support program for energy-efficient renovation in Armenia  concluded, with no plans for continuationState support program for energy-efficient renovation in Armenia  concluded, with no plans for continuation
12th Harvest Festival kicks off in Dzoraghbyur12th Harvest Festival kicks off in Dzoraghbyur
5 042 314 AMD to the Zark eco-camp. The August beneficiary of the Power of One Dram initiative is the Bridge of Hope NGO5 042 314 AMD to the Zark eco-camp. The August beneficiary of the Power of One Dram initiative is the Bridge of Hope NGO
Industrial price index weakened due to decline in industrial sector Industrial price index weakened due to decline in industrial sector 
Armenia`s economic growth slowed to 7% in January-July 2025, with a  41.4% decline in foreign tradeArmenia`s economic growth slowed to 7% in January-July 2025, with a  41.4% decline in foreign trade
In August, 2,427 trucks with export products from Armenia entered  Russia - Minister of EconomyIn August, 2,427 trucks with export products from Armenia entered  Russia - Minister of Economy
Luys Foundation: Armenian government continues to face challenges in  budget planningLuys Foundation: Armenian government continues to face challenges in  budget planning
RA President: Stable peace to open up huge economic potential for  ArmeniaRA President: Stable peace to open up huge economic potential for  Armenia
In Armenia`s interbank foreign exchange market from August 18 to 22,  2025, dollar transactions decreased while ruble increasedIn Armenia`s interbank foreign exchange market from August 18 to 22,  2025, dollar transactions decreased while ruble increased
Armenia, UNWTO discuss possible joint initiativesArmenia, UNWTO discuss possible joint initiatives
Construction of Kajaran-Agarak road proceeding at rapid pace - Road  Department FoundationConstruction of Kajaran-Agarak road proceeding at rapid pace - Road  Department Foundation
In Armenia, taxes collected in first 7 months of 2025 were 424.8  billion drams less than plannedIn Armenia, taxes collected in first 7 months of 2025 were 424.8  billion drams less than planned
Number of tourists in Armenia 2.5% down in Jan-July, 2025Number of tourists in Armenia 2.5% down in Jan-July, 2025
In the first half of 2025, Armenia`s GDP reached nearly $12 billion,  showing a decline in growthIn the first half of 2025, Armenia`s GDP reached nearly $12 billion,  showing a decline in growth
Pashinyan: State budget for 2026 does not provide for significant  increase in defense spendingPashinyan: State budget for 2026 does not provide for significant  increase in defense spending
Papoyan: Armenia actively diversifying  export destinations for  finished productsPapoyan: Armenia actively diversifying  export destinations for  finished products
Armenia becoming from labor-exporting country to destination for   migrants: PashinyanArmenia becoming from labor-exporting country to destination for   migrants: Pashinyan
Economy Minister: Armenia has no political issues with EAEUEconomy Minister: Armenia has no political issues with EAEU
School purchases are more profitable with Idram&IDBankSchool purchases are more profitable with Idram&IDBank
Online purchase and sale of real estate to take effect in Armenia Online purchase and sale of real estate to take effect in Armenia 
Armenia and Supermicro Consider Prospects for Cooperation in  Development of Digital InfrastructuresArmenia and Supermicro Consider Prospects for Cooperation in  Development of Digital Infrastructures
RA minister of economy hosts ODDO BHF financial group delegationRA minister of economy hosts ODDO BHF financial group delegation
Iran persuading us to more actively use logistics route: Russia,  Armenia, Iran and Persian Gulf - LukashenkoIran persuading us to more actively use logistics route: Russia,  Armenia, Iran and Persian Gulf - Lukashenko
Idram Junior: The best companion for your child Idram Junior: The best companion for your child 
Implementation of  agreements from 23rd meeting of Intergovernmental  Commission meeting and  bilateral cooperation agenda between Armenia  and Russia discussed in YerevanImplementation of  agreements from 23rd meeting of Intergovernmental  Commission meeting and  bilateral cooperation agenda between Armenia  and Russia discussed in Yerevan
Pashinyan, Overchuk discuss Armenia-Russia agenda mattersPashinyan, Overchuk discuss Armenia-Russia agenda matters
Armenian IT companies to participate in GITEX GLOBAL-2025 technology  exhibition in Dubai Armenian IT companies to participate in GITEX GLOBAL-2025 technology  exhibition in Dubai 
In the first half of 2025, Russia led in  transfers to Armenia, while  the UAE and Switzerland led in outflowsIn the first half of 2025, Russia led in  transfers to Armenia, while  the UAE and Switzerland led in outflows
Aram Sargsyan: Armenia has a real chance to become a regional NVIDIA  hubAram Sargsyan: Armenia has a real chance to become a regional NVIDIA  hub
Armenia`s Economy Minister announces increase in GDP growth Armenia`s Economy Minister announces increase in GDP growth 
Fitch Ratings: Armenia-Azerbaijan peace framework may support  positive credit trendsFitch Ratings: Armenia-Azerbaijan peace framework may support  positive credit trends
$176mln reimbursed to mortgage-holders under income tax reimbursement  program $176mln reimbursed to mortgage-holders under income tax reimbursement  program 
 Armenia`s exports of flowers, decorative products 88.7% up  Armenia`s exports of flowers, decorative products 88.7% up 
Armenian Prime Minister, Iranian President participate in  Armenian-Iranian business forum  in Yerevan Armenian Prime Minister, Iranian President participate in  Armenian-Iranian business forum  in Yerevan 
Yerevan, Tehran bring standards closer together: memorandum of  understanding signedYerevan, Tehran bring standards closer together: memorandum of  understanding signed
Minister: Construction of new Iran-Armenia power transmission line is  in its final stageMinister: Construction of new Iran-Armenia power transmission line is  in its final stage
Tehran, Yerevan agree to construct second border bridge - Iranian  officialTehran, Yerevan agree to construct second border bridge - Iranian  official
Read more
Exchange rates
29.08.2025
RUB4.76-0.01
USD382.52-0.45
EUR446.29-0.71
GBP514.87-2.98
CAD278.20-0.10
JPY25.99-0.08
CNY53.63-0.07
CHF476.66-2.41