Foreign companies continue to invest capital to Azerbaijan’s territories under Armenian occupation to exploit natural resources there.
As APA reports, the investigations proved that US ATA-Vank-Les Company has invested $1 500 000 in Nagorno Karabakh.
This company engaged in making parquets. Besides, Swiss Andronik Shpon Company engaged in woodworking has invested $340 000 in the region. Armenia’s Max Wood Ltd has invested $144 300 in Karabakh.
The Ministry also reports that capital costing $35 million was invested in renewing of the economy of the so-called “Nagorno Karabakh Republic” in the period between 2001 and 2003. Foreign capital shares $25 million of this investment, Armenia shares $5 million and the same amount is shared by businessmen acting in Karabakh.
Karabakh Armenians living in the US, Canada, France, Australia, Switzerland, Lebanon, Russia and Armenia continue to make investment in Nagorno Karabakh.
URL: http://www.today.az/news/politics/27178.html
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