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44.5% Of Construction Paid For By Population In Armenia In Jan-Jul

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  • 44.5% Of Construction Paid For By Population In Armenia In Jan-Jul

    44.5% OF CONSTRUCTION PAID FOR BY POPULATION IN ARMENIA IN JAN-JUL

    ARKA
    Sep 1, 2009

    YEREVAN, September 1. /ARKA/. In January-July 44.5% of the overall
    volume of construction works were paid for by the population in
    Armenia.

    The RA National Statistical Service reported that the volume of
    the construction paid for by population totaled 79.2 billion drams
    in the reporting period, including about 75 billion drams for
    shell-and-core-works.

    Most part of the construction works - 39.3% (70bn drams) - were paid
    for by organizations, an 18.2% decline as compared with the level of
    January-July 2008.

    Total volume of capital construction paid for from various sources
    amounted to 177.9 billion drams.

    According to the statistical information, a 55.5% recession was
    recorded in construction field in the period as compared to the level
    of January-July last year. Volume of construction paid for by the
    population reduced by 71.3% as compared with the same period of last
    year. ($1=374.89drams).
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