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Construction In Armenia Grows By 19.2% In January-July 2007 On Same

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  • Construction In Armenia Grows By 19.2% In January-July 2007 On Same

    CONSTRUCTION IN ARMENIA GROWS BY 19.2% IN JANUARY-JULY 2007 ON SAME MONTHS OF 2006

    Noyan Tapan
    Sep 3, 2007

    YEREVAN, SEPTEMBER 3, NOYAN TAPAN. Construction of 253 bln 976.5 mln
    drams (about 725 mln USD) was done in Armenia in January-July 2007,
    including construction of production facilities of 89 bln 292.1 mln
    drams. Out of this amount, building and assembly work made 226 bln
    941.6 mln drams.

    According to the RA National Statistical Service, the volume of
    construction grew by 19.2% in January-July 2007 on the same period
    of last year, including 21.7% growth in building and assembly work.

    In January-June 2007, 58% of construction work was done at the expense
    of the population, while the rest - with funds of organizations.
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