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Construction Grows By 17.2% In Armenia In January-June 2007 On Same

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  • Construction Grows By 17.2% In Armenia In January-June 2007 On Same

    CONSTRUCTION GROWS BY 17.2% IN ARMENIA IN JANUARY-JUNE 2007 ON SAME PERIOD OF LAST YEAR

    Noyan Tapan
    Aug 13 2007

    YEREVAN, AUGUST 13, NOYAN TAPAN. Construction work of 171 bln
    420.6 mln drams (about 490 mln USD), including construction of
    production facilities of 73 bln 386.8 mln drams, was done in Armenia
    in January-June 2007. Out of this amount, building and assembly work
    amounted to 149 bln 841.3 mln drams, including building and assebly
    of production facilities of 56 bln 200.1 mln drams.

    According to the RA National Statistical Service, construction done in
    January-June 2007 grew by 17.2% on the same period of 2006, including
    a 20.1% growth in building and assembly work.

    In January-June of this year, 49.1% of construction work was
    implemented with resources of the population, while the remaining
    part - with organizations' funds.

    From: Emil Lazarian | Ararat NewsPress
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