This from ArmenPress (by way of Groong):

YEREVAN, MARCH 26, ARMENPRESS: Deputy trade and development minister, Tigran Davtian, predicted today that the average amount of annual investments in the Armenian economy will from now on range between $200 million-250 million. Speaking to a news conference today, he said last year some $230 million had been invested, of which $160 million were direct investments, $40 of it came from a Russian-Armenian deal known as Assets for Debt, by which Armenia handed over some of its leading enterprises to Russia in return for its almost $100 million debt to Moscow. He said the amount of aggregate investments in Armenia since its independence is nearing $1 billion.
He then praised local businessmen, who are increasing gradually the volume of their investments in domestic enterprises. He said the structure of investments is also changing from commerce to industrial investments.
Davtian also cited some other figures, particularly, related to IT sector, whose exports last year amounted to $50 million, 85 percent making software products.