// IP Marketing video - START// IP Marketing video - END

Armenians invested $40 million in Georgia in five years

Armenians invested $40 million in Georgia in five years

PanARMENIAN.Net - Direct investments from Armenia into the Georgian economy amounted to some $40 million in 2012-2016.

As Georgia’s national statistical service reports, the volume of Armenian investments culminated in 2014 when $12.6 million were spent overall.

Furthermore, investments worth $5.9 million were registered in 2012, $3.7 million in 2013, $12 million in 2015 and $5.6 million in 2016.

A total of $1.68 billion worth investments were made in 2016 in Georgia, with those from Azerbaijan and EU countries accounting for $578 million and $471 million, respectively.

 Top stories
Mountea, an Armenian company producing tea from the mountain herbs has begun to export its products to Russia.
20,149 optical-mechanical devices were manufactured in the reporting period against the 3,388 produced in the same period last year.
Yandex and Uber said they will join forces in the six countries to create a new company operating in some 127 cities.
“A more efficient and reliable energy distribution network is important for economic growth in Armenia”, - said Sonali Tang.
Partner news