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Construction volumes decrease by 10.8 percent in Armenia

Construction volumes in Armenia comprised AMD 397 billion 759.3 million in the period of January-December 2016. Pursuant data issued by the National Statistical Service of Armenia, toward the same period of the previous year decrease was recorded by 10.8%.

For construction, as a source of financing, means of organizations had the most considerable input—around AMD 185 billion 967.5 million. Compared with January-December 2015 this index also reduced by 8.6%.

At the same time, construction volumes financed by the World Bank have increased by 31.5%, by Asian Development Bank—38% and by international loans—28.3%.

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