Russia main investor in Armenia
By Messenger Staff
Wednesday, September 8Armenia’s President Serge Sarkisian stated that Russia is Armenia's major investor. 60% of direct foreign investment comes from Russia. In 2009 alone Russia invested USD 0.5 billion in strategic branches of Armenia’s economy such as energy, transportation and communications. The prospects of Russian investments in Armenia’s economy are increasing. Moscow is starting construction of the nuclear power station, as well as the Iran - Armenia railway.