CONSTRUCTION GROWS BY 17.2% IN ARMENIA IN JANUARY-JUNE 2007<br /> ON SAME PERIOD OF LAST YEAR <br />


CONSTRUCTION GROWS BY 17.2% IN ARMENIA IN JANUARY-JUNE 2007
ON SAME PERIOD OF LAST YEAR

  • 13-08-2007 20:00:00   | Armenia  |  Economy
YEREVAN, AUGUST 13, NOYAN TAPAN. Construction work of 171 bln 420.6 mln drams (about 490 mln USD), including construction of production facilities of 73 bln 386.8 mln drams, was done in Armenia in January-June 2007. Out of this amount, building and assembly work amounted to 149 bln 841.3 mln drams, including building and assebly of production facilities of 56 bln 200.1 mln drams. According to the RA National Statistical Service, construction done in January-June 2007 grew by 17.2% on the same period of 2006, including a 20.1% growth in building and assembly work. In January-June of this year, 49.1% of construction work was implemented with resources of the population, while the remaining part - with organizations' funds.
  -   Economy