CONSTRUCTION DONE IN ARMENIA IN JANUARY-APRIL 2007 DECLINES
BY 4.2% ON SAME MONTHS OF LAST YEAR
05-06-2007 17:00:00 | Armenia | Economy
YEREVAN, JUNE 5, NOYAN TAPAN. In January-April 2007,
construction work of 55 bln 215 mln drams (about 157.7 mln USD)
was done in Armenia, including construction of production
facilities of 27 bln 935 mln drams. In this amount of work,
building and assembly work made 45 bln 531 mln drams, including
building and assembly work of production facilities of 23 bln
190 mln drams.
According to the RA National Statistical Service, the
constuction work in January-April 2007 declined by 4.2% on the
same period of 2006.
26.8% of construction in the first four months of 2007 was
done at the expense of the population, 73.2% - with funds of the
state budget and various organizations.