Construction Grows By 79.7% In Armenia In January 2008 On Same Month

CONSTRUCTION GROWS BY 79.7% IN ARMENIA IN JANUARY 2008 ON SAME MONTH OF 2007

Noyan Tapan
March 13, 2008

YEREVAN, MARCH 13, NOYAN TAPAN. Construction work of 7 bln 35.5 mln
drams (over 22.9 mln USD), including building and assembly work of 5
bln 404.2 mln drams, was done in Armenia in January 2008. Construction
grew by 79.7%, building and assembly work by 75.9% in comparable
prices as compared with January 2007.

According to the RA National Statistical Service, 5.3% of construction
was done at the expense of state budget, 0.4% – with community
resources, 2.1% – at the expense of the World Bank, 5.1% – with
humanitarian aid, 68.9% – with resources of private organizations,
and 18.2% – with resources of the population.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS