IN JANUARY AND FEBRUARY, CONSTRUCTION INCREASES 22.2% IN ARMENIA
YEREVAN, APRIL 4, NOYAN TAPAN. In January and February of 2005,
37 new appartment houses of a total area of 15,281 sq.meters were
put into operation at the expense of the population, which is 5.7%
less than the index of the same period of 2004. According to the
RA National Statistical Service, construction work of 9 bln 82
mln drams (20.6 mln USD) was done during this period, including
building and assembly work of 7 bln 698 mln drams. The growth rate
of the construction work carried out during the first two months of
2005 made 22.2% compared with the same period of last year, that of
building and assembly work – 14.7%. Construction work of 331.4 mln
drams was done in the disaster zone with all the financial sources
in the period of January and February of 2005. 4 appartment houses
of a total area of 1,191 sq.meters were put into operation.