About 41 % of Armenia’s industrial production concentrated in Yerevan

About 41 % of Armenia’s industrial production concentrated in Yerevan

YEREVAN, April 1. / ARKA /. About 41 % of Armenia’s industrial production, worth 506.8 billion drams is concentrated in Yerevan, Vazgen Safaryan, the chairman of the Union of Domestic Commodity Producers, said today.

According to him, Yerevan is followed by the southern region of Syunik, which accounts for about 16.5% of industrial production worth 204 billion drams. The central Kotayk region accounts for 13.4% of industrial output worth 166 billion drams. 

Ararat region is fourth. It accounts for 9.9% of the output worth 123 billion drams. Lori region where only 6% of industrial output is manufactured worth 75.2 billion drams is fifth and the northwestern region of Shirak is sixth (3.4% and 42.6 billion drams respectively).

Safaryan recalled that once Shirak used to be the center of Armenia’s light industry and mechanical engineering, while Lori had large chemical plants.

According to the National Statistical Service, Armenia’s industrial production in 2013 amounted to 1240.6 billion drams. Its share in the GDP was 29%. ($ 1 - 413.31 drams). -0 -

16:22 01.04.2014

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