YEREVAN, DECEMBER 1, NOYAN TAPAN. The total amount of foreign investments (without investments received through the state governance system and the banking system) in the real sector of the Armenian economy made 469 mln 947.1 thousand USD in January-September 2007, exceeding by 58% the index of the same period of last year. Out of this amount, direct investments made 311 mln 605.7 thousand USD, exceeding 2.1fold the index of January-September 2006. According to the RA National Statistical Service, funds received by organizations - nonresidents of Armenia from the privatization of Armenian resident organizations made up 13.1% or 40 mln 703.6 thousand USD of direct investments in Janaury-September 2007. The total amount of foreign investments in the real sector (without privatization resources) increased by 44.3%, the amount of direct investments - by 81.8% as compared with January-September 2006. 38% of foreign investments and 40.9% of direct investments in the real sector in January-September 2007 was allocated to the communication sector. 17.6% of direct investments was made in the production and distribution of electricity, gas, hoot water and steam, while 8.3% - in mining industry and other sectors.

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