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Real Estate Share In Armenia's Total Volume Of Capital Construction

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  • Real Estate Share In Armenia's Total Volume Of Capital Construction

    REAL ESTATE SHARE IN ARMENIA'S TOTAL VOLUME OF CAPITAL CONSTRUCTION IN JAN-MAY 2008 TOTALS 46.7%

    ARKA
    June 1, 2008

    The share of real estate in the total volume of capital construction
    carried out in Armenia in January-May 2008 was 46.7%, RA National
    Statistical Service reported.

    The volume of capital construction in the given sphere was 63,159.5mln,
    which by 42.1% exceeds the corresponding showing of last year.

    The share of transport and communication in the total volume of capital
    construction was 20.6% - 27,943.2mln AMD (a 28.4% annual decrease).

    The share of capital construction in the sphere of processing industry
    was 5.5% of the total volume of capital construction - a total of
    7,428.7mln AMD (an annual increase of 95%).

    Сapital construction in agriculture was 1.1% in the total volume of
    capital construction - 1,520.4mln AMD.

    The share of energy, gas and water production and distribution was
    6,001.6mln AMD (a 47.9% annual decrease).

    The volume of capital construction in hotel and restaurant businesses
    recorded 51.4% annual increase - a total of 438.4mln AMD.

    In January-May 2008, capital construction totalled 135.3bln in Armenia
    recording a 14.9% annual increase. The volume of construction and
    assembling operations in the total volume of capital construction
    was 116bln AMD. ($1 - 302.65 AMD).

    --Boundary_(ID_RJQ52sx7jfqoiJ+TBy9ASg)--
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