Foreign Investments in Armenia

Influence of the Crisis and Other Peculiarities

Author(s): Haroutiun Khachatrian
Editor(s): Iris Kempe, Matthias Neumann, Robert Orttung, Jeronim Perovic, Lili Di Puppo
Series: Caucasus Analytical Digest (CAD)
Issue: 28
Pages: 17-19
Publisher(s): Center for Security Studies (CSS), ETH Zurich; Resource Security Institute (RSI), Arlington; Heinrich Böll Foundation, Tbilisi; Research Centre for East European Studies, University of Bremen
Publication Year: 2011

The level of economic growth in the three South Caucasus countries correlates well with the amount of foreign direct investments in these countries. The Armenian government has been making efforts to diversify its economy, and in 2010, the inflow of investments, including foreign ones, increased to the food processing and tourism sectors, in addition to the traditionally-preferred mining, telecommunications and energy sectors.

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