CONSTRUCTION DONE IN JANUARY-MAY THIS YEAR IN RA INCREASES<br /> BY 11.6% COMPARED WITH SAME MONTHS OF 2006<br />


CONSTRUCTION DONE IN JANUARY-MAY THIS YEAR IN RA INCREASES
BY 11.6% COMPARED WITH SAME MONTHS OF 2006

  • 11-07-2007 15:35:00   | Armenia  |  Economy
YEREVAN, JULY 11, NOYAN TAPAN. Construction amounting to 102b 438.6m drams (nearly 301m USD) was done in January-May 2007 in Armenia, including construction of production facilities of 53b 032.6m drams. In the total volume of construction, construction and assembly measures made 87b 591.3m drams, including construction and assembly measures of production facilities of 40b 528.6m drams. According to the data of the RA National Statistical Service, construction done in January-May 2007 increased by 11.6% compared with the same period of 2006, including construction and assembly measures that grew by 18.7%. 37.7% of construction in January-May 2007 was done at the expense of the population and the rest with the funds of organizations.
  -   Economy