Armenia’s construction output hikes to 125.8bln drams in January-June

Armenia’s construction output hikes to 125.8bln drams in January-June

YEREVAN, August 4. /ARKA/. Armenia’s construction output amounted to 125.8 billion drams in January-June, an increase of 0.4% compared to the same period of the year before, ArmStat reported.

Population-paid construction amounted to 26.8 billion drams or 21.3% of the overall construction volume (a reduction of approx. 24.8%).

Construction works paid for by organizations amounted to 62.9 billion drams, which is 50% of the overall volume (3.4% increase). Construction paid from humanitarian aid was 1,719.1mln drams or 1.6% (39.1% reduction). State-funded construction and community-funded construction were 16.9bln drams or 13.5% (3.9% increase) and 7,016.9mln drams or 5.6% (87.2% increase) respectively.

Construction works paid from international loans amounted to about 10.4 billion drams or 8.3% (76.9% increase), including 2,363.3mln from the WB, 2,319.5mln drams from the EBRD, 4,686mln drams from the Asian Development Bank, 696.2mln drams from German KfW and 344.7mln drams from others. ($1=406.82drams). –0--

14:20 04.08.2014

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