Investment in fixed capital in Belarus rises by 22.5% in January-May 2008

In January-May 2008, the investment in fixed capital and construction in Belarus increased by 22.5% up to Br10,553 trillion from the same period of 2007, BelTA learnt from the Ministry of Statistics and Analysis. Over the five months this year, the amount of building and assembly jobs was equal to more than Br4,588 trillion which in comparable prices is up 18.9% from January-May 2007. In the period under review, 1.62 million square meters of housing was commissioned in Belarus, or 9.4% up over the same period last year. This includes 755.8 thousand square meters of housing built in rural areas and small towns (up 9.9% from 2007).