Armenian Minister of Economy predicts investment growth May 6, 2011 - 12:56 AMT PanARMENIAN.Net - Armenian Minister of Economy Tigran Davtyan said that growth in investments is expected in Armenia in 2011. “Hopefully, the Armenia Diaspora will become more active when the global economic crisis is overcome, what will lead to increase in the volume of investments recorded prior to the crisis,” Davtyan told a press conference in Yerevan on May 6. According to the Minister, certain results will be seen by midyear, the more so as tens of investment programs are implemented throughout the country. Davtyan also attached importance to investment projects in small and medium enterprises (SME). H added that major part of new programs is implemented with SME. 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 | Ucom General Director joins High-Tech Development Panel Discussion The discussion was titled "The Role of International Corporations and Investors as Catalysts for Development of High-Tech Ecosystem." Dozens detained as antigovernment protest continue in Armenia At least 63 people demanding Prime Minister Nikol Pashinyan’s resignation were detained on May 14 as they blocked streets in Yerevan. Family of Ilham Aliyev’s security chief owns vast property in UK As head of security for Azerbaijan’s president, Eyyubov is closely trusted by one of the world’s most authoritarian leaders. Armenian army holding strategic command, staff drills Live firing will be carried out using automatic control systems and modern equipment. |