REAL ESTATE SHARE IN ARMENIA’S TOTAL VOLUME OF CAPITAL CONSTRUCTION IN JAN-MAY 2008 TOTALS 46.7%

ARKA
June 1, 2008

The share of real estate in the total volume of capital construction
carried out in Armenia in January-May 2008 was 46.7%, RA National
Statistical Service reported.

The volume of capital construction in the given sphere was 63,159.5mln,
which by 42.1% exceeds the corresponding showing of last year.

The share of transport and communication in the total volume of capital
construction was 20.6% – 27,943.2mln AMD (a 28.4% annual decrease).

The share of capital construction in the sphere of processing industry
was 5.5% of the total volume of capital construction – a total of
7,428.7mln AMD (an annual increase of 95%).

Сapital construction in agriculture was 1.1% in the total volume of
capital construction – 1,520.4mln AMD.

The share of energy, gas and water production and distribution was
6,001.6mln AMD (a 47.9% annual decrease).

The volume of capital construction in hotel and restaurant businesses
recorded 51.4% annual increase – a total of 438.4mln AMD.

In January-May 2008, capital construction totalled 135.3bln in Armenia
recording a 14.9% annual increase. The volume of construction and
assembling operations in the total volume of capital construction
was 116bln AMD. ($1 – 302.65 AMD).

–Boundary_(ID_RJQ52sx7jfqoiJ+TBy9ASg)–