Construction Grows By 2.4% In Armenia In January 2007 On Same Month

CONSTRUCTION GROWS BY 2.4% IN ARMENIA IN JANUARY 2007 ON SAME MONTH OF LAST YEAR

Noyan Tapan
Feb 28 2007

YEREVAN, FEBRUARY 28, NOYAN TAPAN. In January 2007, construction of 3
bln 808 mln drams (about 10.5 mln USD) was done in Armenia, including
construction of production facilities of 2 bln 117.2 mln drams. Out
of this construction volume, building and assembly work amounted to
2 bln 982 mln drams, including that of production facilities of 1
bln 318.7 mln drams.

According to the RA National Statistical Service, construction grew by
2.4% in January 2007 on the same month of 2006, building and assembly
work – by 9.9%.

100% of the total area of residential buildings put into operation
in January 2007 was done with resources of the population.

Two comprehensive schools were repaired in Armenia in January of this
year with credit resources of the World Bank.