Capital Investmen’s Worth 130 Million Drams Made in Siunik

YEREVAN (Noyan Tapan)– According to reports from the regional statistics department of Siunik–capital investmen’s worth 130,877,000 drams–were implemented in the region during the period of January-July 1998.

The volume of construction and assembly work totaled 49,782,000 drams out of which 20,582,000 drams was spent in facilities of industrial significance. For the period under review major funds worth 9,900,000 drams were used–all of them at facilities of industrial significance. The total volume of contract work carried out by construction organizations in the region in the first half of 1998 totaled 741,523,000 drams. The total volume of the implemented contract work in Kapan amounts to 108,119,000 drams; in Goris – 562,658,000 drams; in Sisian – 22,000,000 drams; in Meghri – 49,746,000 drams.

Most of the construction work was implemented by: the "Tunnel" public company (32.8% from the total volume of work) and the "Arsenal" private company (20.3%) in Kapan; the "Zangezurardshin" private company and the Meghri state-run enterprise for operation and road construction in Goris.

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