YEREVAN, May 29. / ARKA /. Foreign investments in Armenia’s real economy, attracted by private companies in 2014, amounted to about 60.1 billion drams, a 1.34% rise form the previous year, according to the latest numbers, released today by the National Statistical Service (NSS).
The NSS said foreign direct investment (FDI) in the Armenian economy in the first quarter of 2015 amounted to approximately 35.2 billion drams, down from 69.6 billion drams in the same period in 2014.
The bulk of foreign investments in the real economy – about 13.3 billion drams (a decline of 72% year-on-year), came from Russia. Foreign direct investments from Russia in the Armenian economy amounted to 16.8 billion drams.
The second largest foreign investor in the first quarter of 2015 was the Netherlands with 10.1 billion drams and the third largest was the United Arab Emirates – 8.3 billion drams. ($ 1 479.3 drams). -0-
