CONSTRUCTION IN ARMENIA IN JANUARY-FEBRUARY 2007 GROWS BY<br /> 12.4% ON SAME PERIOD OF LAST YEAR <br />


CONSTRUCTION IN ARMENIA IN JANUARY-FEBRUARY 2007 GROWS BY
12.4% ON SAME PERIOD OF LAST YEAR

  • 05-04-2007 17:00:00   | Armenia  |  Economy
YEREVAN, APRIL 5, NOYAN TAPAN. In January-February 2007, construction work of 14 bln 436.5 mln drams (about 41 mln USD) was done in Armenia, including construction of production facilities of 4 bln 669.6 mln drams. Building and assembly work made up 11 bln 509.3 mln drams of the construction work, including building and assembly work of production facilities of 2 bln 794.3 mln drams. According to the RA National Statistical Service, the volume of construction work in Armenia in January-February 2007 grew by 12.4% on the same period of 2006, the volume of building and assembly work grew by 15.1%. Construction of residential buildings put into operation in January-February 2007 was completely done with the population's resources. 4 comprehensive schools, including one school in Yerevan and three ones in Kotayk marz, were repaired with credit resources of the World Bank in January-February of this year.
  -   Economy