YEREVAN. – The Armenian government has studied 471 investment projects and only 345 of them with a total volume of $3.2 billion can be called realistic, Prime Minister of Armenia Karen Karapetyan said at a meeting with students of Yerevan State University.

In 2017, we can expect investments making $830 -840 million, PM added.

The programs will be funded from the state, municipal and private budgets of Armenia.

“This does not mean that if we do not have 830 million in the end, it was a failure. It is rather a potential target that we have set. In addition to 3.2 billion, we are discussing more than 79 projects for $5.3 billion. There is an impression that it is impossible to invest money and earn profit in Armenia. We have specific programs that show the opposite,” Prime Minister added.