$856.5 million invested in Armenia in a single yearFebruary 28, 2018 - 17:57 AMT PanARMENIAN.Net - $856.5 million were invested in Armenia in 2017, a report published by the government reveals. The energy sector accounted for attracting the greater part of investments - $293.5 million - with the transport, communication and IT sector coming in the second with $175.2 million. The urban development and industrial sectors, meanwhile, brought in $99 million and $78.9 million, respectively. Besides the projects worth $856.5 million, a further $170,9 million were invested in the provinces in the reporting period. 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 | 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. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |