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In January and February, Construction Increases 22.2% In Armenia

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  • In January and February, Construction Increases 22.2% In Armenia

    IN JANUARY AND FEBRUARY, CONSTRUCTION INCREASES 22.2% IN ARMENIA

    YEREVAN, APRIL 4, NOYAN TAPAN. In January and February of 2005,
    37 new appartment houses of a total area of 15,281 sq.meters were
    put into operation at the expense of the population, which is 5.7%
    less than the index of the same period of 2004. According to the
    RA National Statistical Service, construction work of 9 bln 82
    mln drams (20.6 mln USD) was done during this period, including
    building and assembly work of 7 bln 698 mln drams. The growth rate
    of the construction work carried out during the first two months of
    2005 made 22.2% compared with the same period of last year, that of
    building and assembly work - 14.7%. Construction work of 331.4 mln
    drams was done in the disaster zone with all the financial sources
    in the period of January and February of 2005. 4 appartment houses
    of a total area of 1,191 sq.meters were put into operation.
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