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Construction Done In Armenia In January-April 2007 Declines By 4.2%

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  • Construction Done In Armenia In January-April 2007 Declines By 4.2%

    CONSTRUCTION DONE IN ARMENIA IN JANUARY-APRIL 2007 DECLINES BY 4.2% ON SAME MONTHS OF LAST YEAR

    Noyan Tapan
    Jun 05 2007

    YEREVAN, JUNE 5, NOYAN TAPAN. In January-April 2007, construction work
    of 55 bln 215 mln drams (about 157.7 mln USD) was done in Armenia,
    including construction of production facilities of 27 bln 935 mln
    drams. In this amount of work, building and assembly work made 45
    bln 531 mln drams, including building and assembly work of production
    facilities of 23 bln 190 mln drams.

    According to the RA National Statistical Service, the constuction
    work in January-April 2007 declined by 4.2% on the same period of 2006.

    26.8% of construction in the first four months of 2007 was done at
    the expense of the population, 73.2% - with funds of the state budget
    and various organizations.
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