4.9% OF CONSTRUCTION WORK IN ARMENIA IN JANUARY-NOVEMBER<br /> 2006 DONE IN REGIONS HIT BY EARTHQUAKE <br />


4.9% OF CONSTRUCTION WORK IN ARMENIA IN JANUARY-NOVEMBER
2006 DONE IN REGIONS HIT BY EARTHQUAKE

  • 09-01-2007 20:28:00   | Armenia  |  Economy
YEREVAN, JANUARY 9, NOYAN TAPAN. Construction work of 26 bln 144.3 mln drams (about 62.14 mln USD) was done in the Armenian regions, which suffered from the earthquake, in January-November 2006 at the expense of all financing sources for construction, restoration and repairs of residential buildings, social and production facilities. This work accounted for 4.9% of the construction done in the country, including construction of production facilities of 21 bln 446.5 mln drams (10.2%). According to the RA National Statistical Service, 87 new residential buildings of the total area of 16,974 square meters (5.1% of the area put into operation in the country) were put into operation in the Armenian cities and villages, which suffered from the earthquake, in January-November 2006 at the expense of resources of the population and the state budget. 44.2% of the total area of residential buildings put into operation in November 2006 was at the expense of the population's resources (100% in 2005). In January-November 2006, two new comprehensive schools for 300 pupils were put into operation in the earthquake zone with credit resources of the World Bank, including a school for 50 pupils in Tashir region and a school for 250 pupils in Tavush region.
  -   Economy