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Foreign Investment Flow In Armenian Economy Reduced By 9.5% To $472.2 Million

YEREVAN, December 6. /ARKA/. Foreign investment flow in real sector of Armenia reduced by 9.5% to $472.2 million (without credits received from state management bodies and banking sector) in January-September 2010 compared with 2009, Armenian National Statistic Service informs. Volume of direct investments was $348.7 million in the mentioned period which is by 9.3% less than the indicator of 2009.

Direct investments made 35.12% of total volume or 24.64% of direct investments allocated for the production and distribution of energy, gas, hot water and steam. 34.71% of total volume of investments was allocated for telecommunications and 5.1 % – air transport.

By the results of January-September 2010, large foreign investors of Armenia were Russian Federation ($191.3 million), France ($116.3 million) and the Netherlands ($63.6 million). Their share was 35.7%, 21.5% and 19.3% of all investments to the country accordingly. ($1- 360.06 drams). G.K. –0—

(thousand drams)

January-September 2009 January-September 2010 Growth rate %
Total investments in real sector, thousand dollars 521962.4 472218.3 90.5
including direct investments 384347.0 348720.5 90.7
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