The relevant bodies note that the volume of construction carried out not only with private and community funds, but also with state budget funds is growing year by year. Yeghiazar Vardanyan, Chairman of the RA Urban Development Committee, links this circumstance with the fact that all construction objects of 300 schools and 500 kindergartens have already entered the construction phase.
It is noteworthy that the volume of construction is also increasing in the regions. “Applications for urban development permits within the borders of Yerevan municipality have significantly decreased. "If last year the number of construction permits issued for multi-apartment residential complexes reached 180-200, then in the first half of this year this number is approximately 20-25," said Gurgen Grigoryan, President of the Armenian Association of Developers, in an interview with Public Television, based on information available within the developer community, while noting that some activity has been recorded in the regions.