Time in Yerevan: 11:07:36,   29 May

Construction volumes carried out under state budget resources increase in Armenia


YEREVAN, MARCH 20, ARMENPRESS. In January, 2017, over 607,2 million AMD construction was carried out under the state budget funds in Armenia, according to the data of the National Statistical Service, reports “Armenpress”.

In January, 2016, 601,6 million AMD construction was carried out, which means that its volume increased by 4.4% in January, 2017.

According to the presented data, 5.1 million AMD construction was carried out in January, 2017 at the expense of community resources, whereas in January, 2016 this number was 25 million AMD. The decline was 78.9%. In January of this year, 966.1 million AMD construction was implemented at the expense of international loans, whereas in January of the previous year the construction was 4 billion 122.1 million AMD which means that this year it decreased by 75.8%. However, the construction volume in this number carried out at the expense of World Bank funds increased by 69.5%.

The construction share carried out at the expense of international loans in January, 2017 comprised 14.8% in aggregate volume of Armenia’s construction.

The construction volume carried out with humanitarian funds significantly decreased. The decline comprised 56.6%. In January, 2017 it was 4.2 million AMD, whereas in January, 2016 it was 10 million AMD.

At the same time the construction volume implemented with organizations’ funds comprised 4 billion 308,5 million AMD, whereas in January, 2016 this number was 1 billion 999.3 million AMD. In January, 2017 its volume increased by 2,2 times. A construction of 543.5 million AMD was carried out at the expense of foreign investments, which increased by over 4.5 times compared to the 124.9 million AMD of previous year.

1 billion 665.1 million AMD construction was implemented in January, 2017 at the expense of the population’s funds in Armenia, whereas compared to January, 2016 it was 1 billion 489.6 million AMD. The increase comprised 15.6%. 



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