ANNUAL GROWTH OF MAJOR CONSTRUCTION IN ARMENIA OVER LAST FEW YEARS 30%
Arka News Agency, Armenia
Aug. 14, 2006
YEREVAN, August 14. /ARKA/. Over the last few years, the annual growth
of major construction in Armenia amounts to 30%, Armenian Minister
of Urban Development Ara Harutunyan told journalists on the occasion
of the celebration of the Day of Builder in Armenia on August 13.
He pointed out that over the last five-six years, serious construction
companies have appeared in Armenia, receive applications for serious
construction both inside and outside the country.
"You know what we have inherited, and in what sad plight there
construction companies were. That is why, a situation that could
allow implementation of construction work should have been created,"
the minister said.
Harutunyan said that this sector is distinguished not only
by highly-skilled specialists, but also by being technically
well-equipped. In this context, he pointed out the significance of
continuing investment programs.
"Construction is a business, and one should gain profit here and make
investments in it," the minister said.
According to the National Statistical Service, the major construction
in Armenia in January-June 2006 totaled AMD 165,624.9mln, 31.8%
increase compared with January-June 2005.