World Bank invested about 11.4 billion drams in construction in Armenia in 2013

03.02.2014 15:33
World Bank invested about 11.4 billion drams in construction in Armenia in 2013

YEREVAN, February 3. /ARKA/. A total of 11,398.5 million drams was invested by the World Bank in Armenia’s construction in 2013, a reduction of 30.3% compared to the year before, ArmStat reported.

This accounted for 2.6% of the overall construction volume in the country, according to the report.
Loans from EBRD amounted to 2,491.1 million drams, loans from the Asian Development Bank were 11,364.5 million drams, from KfW 6,751.3 million and other loans totaled 2,157.7 million drams.

Construction lending by international organizations amounted to about 34.1 billion drams was 7.7% of the entire funding (12.3% reduction).

Total investments in Armenia’s construction were 442.3 billion drams in 2013, a reduction of 8.1% compared to the year before. ($1=408.03drams).–0--


Tags: , , Новости Армении АМИ Новости-Армения

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