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Construction Industry Will Become A Priority Sphere Of The Armenian

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  • Construction Industry Will Become A Priority Sphere Of The Armenian

    CONSTRUCTION INDUSTRY WILL BECOME A PRIORITY SPHERE OF THE ARMENIAN ECONOMY

    Yerevan, September 6. ArmInfo. In the nearest future the construction
    industry will become a priority sphere of the Armenian economy, said
    director of AEPLAC Tigran Jrbashian during the presentation of the
    'Armenian Economy - 2005' annual report.

    To the opinion of Mr. Jrbashian the construction market will swiftly
    develop due to considerable demand - Armenia has disadvantage of
    numerous CIS states in accommodation space per head. Mr. Jrbashian
    said that the growth of the Armenian economy in the coming years
    will mostly depend on the competitiveness of Armenian goods on the
    foreign market. He said that the Armenian export should be enhanced
    by developing the finance sector. The Armenian currency (AMD) will be
    go on consolidating until the finance sector becomes able to transform
    the population incomes into investment savings.
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