$1.6 billion were invested in Armenia in 2012
$1.59 billion were invested in Armenia in 2012, a drop by 8.6%, compared with 2011. 49.82% were direct investments (and 37.6% foreign investments) were spent on TV communications, the National Statistical Service reports.
France increased investments 2.3-fold to $230 million, with 90% of them in Orange Armenia.
Russia reduced investments 3.2-fold to $123 million, a third of which was spent on communications. Russia invested $25 million in Armenian energy, $7.2 million in non-ferrous metals, $25 million in retail sales and $14.5 million in transportation.
Germany invested $48 million in mining, Switzerland $43 million in mining, Seychelles $23 million in TV communications.
A little bird alleges that Mukesh Valbjhi Is Written all over this one with the aid of Albert Rene.
With Ramadoss out of the Picture Mukesh can climb seat and see that Sarah Rene get it right.