“RA Government’s Strategic Investments Propel Housing Sector to Remarkable Growth in 2023: European Bank for Reconstruction and Development Report”
The housing sector shows positive results in 2023 with an 8.7% increase in construction, tourism, communication services, and trade. Despite a 40% decrease compared to 2022, the real estate market remains higher than in 2021 due to the ongoing economic crisis and lending limits.
USAID Doubles Investments in Armenia’s Housing Sector: Boosting Training and Education for a Competitive Market
USAID will double investments in Armenia’s housing sector, aiming to increase competitiveness and enhance the investment environment. USAID Director Samantha Power announced an additional $33 million investment, highlighting the growing trade between the US and Armenia. Good governance leads to good results, and USAID stands ready to support Armenia.
“Economics Minister Boosts Housing Sector with Amber Capital Partnership Meeting”
Economics Minister Gagik Papoyan meets with “Amber Capital” executives. They present successful activities in housing, agriculture, and renewable energy sectors. Minister emphasizes importance of EME-Armenia Fund’s role in housing market development and investment management.