CONSTRUCTION GROWS BY 31.8% IN ARMENIA IN FIRST HALF OF<br /> 2006<br />


CONSTRUCTION GROWS BY 31.8% IN ARMENIA IN FIRST HALF OF
2006

  • 09-08-2006 14:50:00   | Armenia  |  Economy
YEREVAN, AUGUST 9, NOYAN TAPAN. In January-June 2006, construction work of 165 bln 624.9 mln drams (about 373.1 mln USD) was done in Armenia, including construction of production facilities of 57 bln 767.8 mln drams. Building and assembly work amounted to 138 bln 242 mln drams, including that of production facilities of 33 bln 797.5 mln drams. According to the RA National Statistical Service, the construction work done in January-June 2006 exceeded the respective index of 2005 by 31.8%, the building and assembly work - by 35.3%. In the first half of 2006, 271 new residential buildings of the total area of 165,417 sq.m. were put into operation at the expense of the population's and organizations' resources, or by 58.4% more than the index of the same period of last year. In January-June 2006, fixed assets of 120 bln 778.9 mln drams were built, including production facilities of 31 bln 997.6 mln drams. In the period under review, 18 comprehensive schools were repaired in Armenia with all sources of finance. Particularly, 13 comprehensive schools were repaired with state budget resorces. Construction worth 5 bln 482.6 mln drams, or 3.3% of the total construction in Armenia, with all sources of finance with the aim of construction, restoration and repair of residential buildings, social and production facilities, was carried out in the earthquake zone in January-June 2006, including construction of production facilities of 3 bln 411.5 mln drams (5.9%).
  -   Economy