CONSTRUCTION GROWS BY 14% IN ARMENIA IN FIRST HALF OF 2008
ON SAME PERIOD OF 2007
20-08-2008 14:00:00 | Armenia | Economy
YEREVAN, AUGUST 20, NOYAN TAPAN. Construction work of 231
bln 639.4 mln drams (over 753.1 mln USD), including building and
assembly work of 200 bln 615.9 mln drams, was done in Armenia in
January-June 2008. Construction grew by 14%, building and
assembly work - by 16.8% as compared with January-June 2007.
According to the data of the RA National Statistical
Service, 8% of construction was done at the expense of the state
budget, 0.2% - with funds of communities, 1% - of the World
Bank, 2.9% - humanitarian aid, 26% - private organizations, and
61.9% - with money of the population.