Construction in Armenia grows 0.7% to AMD 61.8 billion in Jan-Apr 2014

Construction in Armenia grows 0.7% to AMD 61.8 billion in Jan-Apr 2014

YEREVAN, June 17. /ARKA/. Construction in Armenia grew 0.7% in Jan-Apr 2014, compared with the same period a year before, to AMD 61.8 billion, the National Statistical Service reports.   

The population-paid construction worth AMD 15.1 billion showed 21% year-on-year decline and made up 24.5% of the total volumes of the construction carried out in Jan-Apr 2014. 

According to the report, the construction carried out at the account of organizations amounted to AMD 31.6 billion constituting 51.1% of the total volumes of the Jan-Apr 2014 construction and showed a 16.1% year-on-year growth.  

The construction paid from humanitarian aid cost AMD 1068.5 million (a 32.9% decline), from the state budget AMD 7.1 billion or 11.6% (a 10.9% decline), from community funds AMD 733.8 million or 1.2% of the total construction’s cost (a 57.5% decline) and from international loans about AMD 6.1 billion or 9.9% (a 66.6% growth). 


AMD 931.6 million of this amount has been lent by the World Bank, AMD 1222.0 million by the European Bank for Reconstruction and Development, AMD 3596.4 million by the Asian Development Bank, AMD 55.7 million by Germany’s KfW and AMD 302.6 million by other financial organizations. ($1- AMD 411.86)..-0----

18:30 17.06.2014

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