CONSTRUCTION INDUSTRY WILL BECOME A PRIORITY SPHERE OF THE ARMENIAN ECONOMY
Yerevan, September 6. ArmInfo. In the nearest future the construction
industry will become a priority sphere of the Armenian economy, said
director of AEPLAC Tigran Jrbashian during the presentation of the
‘Armenian Economy – 2005’ annual report.
To the opinion of Mr. Jrbashian the construction market will swiftly
develop due to considerable demand – Armenia has disadvantage of
numerous CIS states in accommodation space per head. Mr. Jrbashian
said that the growth of the Armenian economy in the coming years
will mostly depend on the competitiveness of Armenian goods on the
foreign market. He said that the Armenian export should be enhanced
by developing the finance sector. The Armenian currency (AMD) will be
go on consolidating until the finance sector becomes able to transform
the population incomes into investment savings.