In his remarks, Avinyan said that Armenian construction workers have for many centuries built wonderful architectural monuments, strong castles, bridges and roads – greatly contributing to the economic welfare, physical security, spiritual development and expansion of outlook of the Armenian people.
He noted that after the declining indicators of the past years, the sector has stabilized. During the 10 months of the current year, total construction volumes grew 6,5%, with 25% growth of state-funded constructions.
Avinyan added that the state is always focusing on the construction area.
He mentioned that the government is suggesting to define new privileged conditions for young people within the framework of the Affordable Apartment to Young Families mortgage project, to increase the eligible age threshold and lower interest rates.
At the same time, he said that numerous problems exist in the construction sector that require a solution.
The procurement process requires improvement by revising the evaluation standards, he said.
In addition, a mechanism must be developed to enable Armenian construction companies to participate in international construction tenders and to introduce new designing an...
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