Announcement

Collapse
No announcement yet.

Construction Of Elite Houses Brings 300 Per Cent Profit

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Construction Of Elite Houses Brings 300 Per Cent Profit

    CONSTRUCTION OF ELITE HOUSES BRINGS 300 PER CENT PROFIT

    Lragir/am
    21 March 06

    The owners of elite blocks of apartments get 300 per cent profit from
    sales, said MP Manuk Gasparyan on March 21. He denied the concerns that
    the increase of the price of cement will affect the rates of building.

    "Two or three years ago the price of reinforced concrete grew by
    200-300 per cent. Who learned about it? No one, and the rate of
    construction did become slow," says Manuk Gasparyan. According to
    him, there was no need to set a low price on the natural gas supplied
    to industry not to allow the growth of the price of cement. "Cement
    is required for building, and building is done by rich people. Why
    are we reducing the price of gas for industry at the expense of the
    population," says the member of parliament.

    Manuk Gasparyan thinks this is a big bluff. Armrusgasard sets the
    price of gas for industry in dollars, but sells gas to people in drams.
Working...
X