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Russian investments in Armenia to reach USD 5 billion

PanARMENIAN.Net - About 1400 Russian-Armenian companies with a joint capital are listed in Armenia, Russia’s trade representative to Armenia Alexander Zaytsev stated.

As he noted at the opening of EXPO-RUSSIA Armenia 2010 3rd annual industrial exhibition, total volume of Russia’s investments in Armenia grossed USD 2,8 billion as of 1991-2010.

Construction of new power units (PU) will bring the amount of investments to USD 5 billion, he added.

The representative of AtomENERGOPROEKT Ltd. company, specifying in integrated survey and design work for the construction of nuclear power plants and other industrial installations, offered company’s services in new PU construction.

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