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


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

  • 04-11-2008 16:00:00   | Armenia  |  Economy
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.
  -   Economy