More than $1 billion investments made in Armenia in H1: ministerOctober 18, 2017 - 15:10 AMT PanARMENIAN.Net - Investments worth $1.024 billion, including direct foreign investment of $328, were made in Armenia in the first six months of 2017, minister of economic development and investments Suren Karayan told reporters on Wednesday, October 18, Aysor.am reports. "This year's figures have grown 36.6% and 26.3%, respectively, year on year," Karayan said. According to him, the new draft bill on foreign investment creates favorable conditions for improving the investors protection institute in the country. The National Statistical Service had earlier said that investments worth AMD 17.2 billion were made in Armenia. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. “By Your Side”: IDBank's new support program for displaced Artsakh citizens IDBank is launching a long-term social support program for forcibly displaced Artsakh residents. The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. |