CONSTRUCTION GROWS BY 16.8% IN ARMENIA IN JANUARY-APRIL
2008 ON SAME PERIOD OF 2007
05-06-2008 20:00:00 | Armenia | Economy
YEREVAN, JUNE 5, NOYAN TAPAN. Construction work of 71 bln
132.9 mln drams (over 230.7 mln USD) was done in Armenia in
January-April 2008, including building and assembly work of 58
bln 9.3 mln drams. Consruction grew by 16.8%, building and
assembly work by 17.6% in comparable prices as compared with
January-April 2007.
According to the RA National Statistical Service, 7.6% of
construction was done at the expense of the state budget, 0.3% -
with community resources, 1.8% - with World Bank resources, 5.2%
- humanitarian aid, 56.2% - resources of private organizations,
and 28.9% - with citizens' resources.