CONSTRUCTION GROWS BY 22.9% IN ARMENIA IN JANUARY-FEBRUARY
2008 ON SAME PERIOD OF LAST YEAR
22-04-2008 16:00:00 | Armenia | Economy
YEREVAN, APRIL 22, NOYAN TAPAN. Construction work of 18 bln
312.4 mln drams (over 59 mln USD), including building and
assembly work of 13 bln 722 mln drams, was done in Armenia in
January-February 2008. Construction grew by 22.9%, building and
assembly work - by 15.3% in comparable prices as compared with
January-February 2007.
According to the RA National Statistical Service, 4% of
construction was carried out at the expense of the state budget,
0.4% - communities, 2% - the World Bank, 5.5% - humanitarian
aid, 65% - private organizations, 23.1% - with resources of the
population.