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ARMENIAN CONSTRUCTION SLASHED FURTHER BY 8.5 PERCENT IN 2013
YEREVAN, January 14 . / ARKA /. Construction in Armenia in January-
November 2013 slashed by 8.5 percent from the year before to 356.5
billion drams, according to the latest numbers released today by the
National Statistical Service.
Of that amount 98.8 billion drams or 27.7% of the total construction
amount was financed by individuals. That amount was up 20.2 % from
the year before.
Some 156.27 billion drams worth construction or 43.8% of the total
volume (down 18.7%) was financed by companies and organizations, 8.7
billion drams or 2.5% (an increase of 30.7 %) was funded by charity
donations, 55.7 billion drams or 15.6% (down 8% ) was financed by
the government and 8.7 billion drams or 2.5% (a decline of 45.2 %)
by communities.
Some 28.2 billion drams or 7.9% (down 13.3%) worth construction was
financed by loans from World Bank, EBRD, the Asian Development Bank,
the German Development Bank (KfW) and others. ($ 1 - 408.16 drams).
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http://arka.am/en/news/economy/armenian_construction_slashed_further_by_8_5_perce nt_in_2013/#sthash.szjSiJ4S.dpuf
YEREVAN, January 14 . / ARKA /. Construction in Armenia in January-
November 2013 slashed by 8.5 percent from the year before to 356.5
billion drams, according to the latest numbers released today by the
National Statistical Service.
Of that amount 98.8 billion drams or 27.7% of the total construction
amount was financed by individuals. That amount was up 20.2 % from
the year before.
Some 156.27 billion drams worth construction or 43.8% of the total
volume (down 18.7%) was financed by companies and organizations, 8.7
billion drams or 2.5% (an increase of 30.7 %) was funded by charity
donations, 55.7 billion drams or 15.6% (down 8% ) was financed by
the government and 8.7 billion drams or 2.5% (a decline of 45.2 %)
by communities.
Some 28.2 billion drams or 7.9% (down 13.3%) worth construction was
financed by loans from World Bank, EBRD, the Asian Development Bank,
the German Development Bank (KfW) and others. ($ 1 - 408.16 drams).
-0-
- See more at:
http://arka.am/en/news/economy/armenian_construction_slashed_further_by_8_5_perce nt_in_2013/#sthash.szjSiJ4S.dpuf