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Construction Increases By 12.1% In Armenia In January-September 2008

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  • Construction Increases By 12.1% In Armenia In January-September 2008

    CONSTRUCTION INCREASES BY 12.1% IN ARMENIA IN JANUARY-SEPTEMBER 2008 ON SAME PERIOD OF LAST YEAR

    Noyan Tapan
    http://www.nt.am?shownews=1009423
    Nov 4, 2008

    YEREVAN, NOVEMBER 4, NOYAN TAPAN. Construction work of 604 bln 295.4
    mln drams (about 1 bln 976 mln USD), including building and assembly
    work of 545 bln 744 mln drams, was done in Armenia in January-September
    2008.

    Construction grew by 12.1%, building and assembly work by 17.1%
    in comparable prices in the indicated period on January-September 2007.

    According to the RA National Statistical Service, 7.2% of construction
    was carried out at the expense of the state budget, 0.1% - community
    funds, 0.6% - World Bank's credits, 1.7% - humanitarian aid, 17%
    - private organizations' resources, and 73.4% - resources of the
    population.
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