CONSTRUCTION DONE IN JANUARY-MAY THIS YEAR IN RA INCREASES BY 11.6% COMPARED WITH SAME MONTHS OF 2006

Noyan Tapan
Jul 11 2007

YEREVAN, JULY 11, NOYAN TAPAN. Construction amounting to 102b 438.6m
drams (nearly 301m USD) was done in January-May 2007 in Armenia,
including construction of production facilities of 53b 032.6m drams. In
the total volume of construction, construction and assembly measures
made 87b 591.3m drams, including construction and assembly measures
of production facilities of 40b 528.6m drams.

According to the data of the RA National Statistical Service,
construction done in January-May 2007 increased by 11.6% compared
with the same period of 2006, including construction and assembly
measures that grew by 18.7%.

37.7% of construction in January-May 2007 was done at the expense of
the population and the rest with the funds of organizations.