Chorrord Ishkhanutyun: US investment in Vorotan Cascade not indicated in Statistical Service data
‘Chorrord Ishkhanutyun’ paper writes that according to data of Armenia’s National Statistical Service, in 9 months of 2015 the U.S. made investment of 7 billion 685 million drams ($16.1 million) in Armenia, including investment of 6 billion 699 million drams ($14 million) in the energy sector.
As is known, the U.S. purchased Vorotan Hydro Cascade in Armenia for $180 million, $90 million of which was paid on July 30, and the remaining sum will be paid in July 2016.
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