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Construction In Armenia In January-February 2007 Grows By 12.4% On S

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  • Construction In Armenia In January-February 2007 Grows By 12.4% On S

    CONSTRUCTION IN ARMENIA IN JANUARY-FEBRUARY 2007 GROWS BY 12.4% ON SAME PERIOD OF LAST YEAR

    Noyan Tapan
    Apr 05 2007

    YEREVAN, APRIL 5, NOYAN TAPAN. In January-February 2007, construction
    work of 14 bln 436.5 mln drams (about 41 mln USD) was done in Armenia,
    including construction of production facilities of 4 bln 669.6 mln
    drams. Building and assembly work made up 11 bln 509.3 mln drams
    of the construction work, including building and assembly work of
    production facilities of 2 bln 794.3 mln drams.

    According to the RA National Statistical Service, the volume of
    construction work in Armenia in January-February 2007 grew by 12.4%
    on the same period of 2006, the volume of building and assembly work
    grew by 15.1%.

    Construction of residential buildings put into operation in
    January-February 2007 was completely done with the population's
    resources.

    4 comprehensive schools, including one school in Yerevan and three
    ones in Kotayk marz, were repaired with credit resources of the World
    Bank in January-February of this year.
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