1
6
FRIDAY, NOVEMBER 15, 1985
AS DISTINCT FROM THE FIGURES ON CONSTRUCTION WORK
PERFORMED BY ALL CONTRACTORS, THE FIGURES FOR MAIN CONTRACTORS ARE FREE FROM THE EFFECT OF DOUBLE COUNTING OF CONSTRUCTION VALUE DUE TO THE SUB-CONTRACTING PRACTICE IN THE CONSTRUCTION INDUSTRY.
THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY MAIN CONTRACTORS AT CONSTRUCTION SITES IN THE SECOND QUARTER OF 1985 AMOUNTED TO $4 778 MILLION, WHICH WAS 1.1 PER CENT LOWER THAN THE PRECEDING QUARTER AND 7.2 PER CENT LOWER THAN THE SAME QUARTER LAST YEAR.
THE DROP WAS ATTRIBUTABLE TO THE DECLINE IN THE OUTPUT VALUE IN THE PUBLIC SECTOR, PARTICULARLY IN RESPECT OF A FEW PUBLIC WORKS PROJECTS AND THE MASS TRANSIT RAILWAY ISLAND LINE PROJECT.
ON THE OTHER HAND, THE OUTPUT VALUE FOR PRIVATE SECTOR PROJECTS SHOWED INCREASES OF 4.7 PER CENT OVER THE PRECEDING QUARTER AND 1.5 PER CENT OVER THE SAME QUARTER LAST YEAR.
THE OUTPUT VALUE OF RESIDENTIAL BUILDINGS, AT $1 623 MILLION IN THE SECOND QUARTER OF 1985, WAS 1.1 PER CENT LOWER THAN THAT IN THE PRECEDING QUARTER, BUT WAS 8.1 PER CENT HIGHER THAN THAT IN THE SAME QUARTER LAST YEAR.
FOR COMMERCIAL BUILDINGS, THE OUTPUT VALUE INCREASED BY 20.2 PER CENT OVER THE PRECEDING QUARTER. AT $827 MILLION, IT WAS HOWEVER 29.4 PER CENT LOWER THAN THAT IN THE SAME QUARTER LAST YEAR.
MORE DETAILED INFORMATION ON CONSTRUCTION OUTPUT IS GIVEN IN THE +REPORT ON THE QUARTERLY SURVEY OF CONSTRUCTION OUTPUT, SECOND QUARTER 1985+ RELEASED TODAY BY THE CENSUS AND STATISTICS DEPARTMENT,
THE QUARTERLY SURVEY REPORT, AT $2 A COPY, MAY BE PURCHASED AT THE GOVERNMENT PUBLICATIONS CENTRE, GENERAL POST OFFICE BUILDING, CONNAUGHT CENTRE, OR AT THE CENSUS AND STATISTICS DEPARTMENT PUBLICATIONS SALES COUNTER, KAI TAK COMMERCIAL BUILDING, 317 DES VOEUX ROAD CENTRAL. REGULAR SUBSCRIPTION MAY ALSO BE ARRANGED.
ENQUIRIES FOR FURTHER INFORMATION ABOUT THE SURVEY MAY BE DIRECTED TO THE BUILDING, CONSTRUCTION AND REAL ESTATE STATISTICS SECTION OF THE CENSUS AND STATISTICS DEPARTMENT AT TELEPHONE NUMBER 3-7224490.
17