Aragatsotn Registers Highest Industrial Output in H1/04

IN FIRST HALF OF 2004 HIGHEST INDEX OF VOLUMES OF INDUSTRIAL OUTPUT
REGISTERED IN ARAGATSOTN REGION

YEREVAN, August 12 (Noyan Tapan). The growth of industrial output
registered in January-June 2004 was especially high in the Aragatsotn
region (59.2%) in comparison with the same period of last year in
seven regions of the republic.

According to the RA National Statistical Service, the indicated
volumes were completely provided owing to diamond processing, which
increased 2.4-fold in comparison with last year. In the Armavir region
growth was mainly conditioned by the production of electricity
(2.5-fold growth), partially by the production of the finished
metallic products. In Vayots Dzor a 21.2% growth was conditioned by
the growth of the production of electricity (11.8-fold growth),
foodstuffs and beverages. In Gegharkunik growth made 19.1% due to the
production of medical equipment, precision tools and metallic ore
output. A 18.1% growth of industrial output was registered in Yerevan
during the period under review, which is conditioned by the growth of
the volumes of the production of chemical industry, spinning and
clothing industry, rubber and plastic items, metallurgical industry
and metallic ore, machines and equipment, jewelry production.