Individual construction in Armenia grows 42% in august 2012

YEREVAN, October 2. /ARKA/. Armenia’s population spent AMD 8.5 billion on construction in August 2012 – 42% year-on-year growth, National Statistical Service of Armenia reports. 

About AMD 8.1 billion of this amount was spent on building and assembly work.

The population-paid construction made up 21.5% of the total construction. The construction carried out at the account of organizations constituted 43.1% (about AMD 17 billion) of the total construction, the construction paid from international loans 9.5% (AMD 3.7 billion) and from the government budget 21.9% (more than AMD 8.6%). 

Capital construction paid from all the financial sources cost AMD 39.6 billion. 

According to statistical reports, 3.8% year-on-year decline was recorded in the country’s construction in August 2012. ($1 – AMD 407.09). –0--