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SATURDAY, JUNE 7, 1986

1984 BUILDING, CONSTRUCTION, REAL ESTATE SURVEY RESULTS

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THERE WERE 6 779 CONSTRUCTION ESTABLISHMENTS OPERATING IN 1984 EMPLOYING DIRECTLY A TOTAL OF 98 166 PERSONS, ACCORDING TO SURVEY RESULTS RELEASED TODAY BY THE CENSUS AND STATISTICS DEPARTMENT.

TOTAL GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY THESE ESTABLISHMENTS DURING 1984 AMOUNTED TO $40 307 MILLION, PEPRESENTING AN INCREASE OF FOUR PER CENT OVER 1982.

THE TOTAL EXPENDITURES BY THE CONSTRUCTION ESTABLISHMENTS WERE 538 530 MILLION WHICH INCLUDED 39 661 MILLION ON COMPENSATION OF EMPLOYEES AND PAYMENTS TO LABOUR-ONLY SUB-CONTRACTORS $11 587 MILLION ON CONSUMPTION OF MATERIALS, SUPPLIES, AND INDUSTRIAL SERVICES $15 068 MILLION ON SUB-CONTRACT WORK RENDERED BY FES SUB-CONTRACTORS AND $2 214 MILLION ON MISCELLANEOUS OPERATING EXPENSES.

AT $12 180 MILLION, THE TOTAL VALUE ADDED WAS ONE PER CENT LESS THAN IN 1983, VALUE ADDED IS A MEASURE OF THE SECTOR'S CONTRIBUTION TO HONG KONG'S GROSS DOMESTIC PRODUCT.

OVER ONE-THIRD OF THE CONSTRUCTION ESTABLISHMENTS WERE ENGAGED IN RENOVATION AND MAINTENANCE OF ERECTED BUILDINGS AND STRUCTURES. HOWEVER, THEY ACCOUNTED FOR ONLY EIGHT PER CENT OF THE VALUE OF TOTAL CONSTRUCTION WORK PERFORMED BY ALL CONTRACTORS.

ON THE OTHER HAND, THE GENERAL TRADE CONTRACTORS OPERATING AT CHILDING AND CONSTRUCTION SITES, WHICH NUMBERED ONLY 827. CONTRIBUTED $26 540 MILLION OR 66 PER CENT OF TOTAL CONSTRUCTION WORK PERFORMED.

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THE REST OF THE CONSTRUCTION SECTOR CONSISTED OF MOSTLY SPECIAL TRADE CONTRACTORS, SUCH AS CONTRACTORS SPECIALISING IN ILECTRICAL AND MECHANICAL FITTINGS.

THE SURVEY DID NOT COVER LABOUR-ONLY SUB-CONTRACTORS WHO VAINLY SUPPLIED LABOUR TO WORK ON A JOB-TO-JOB SAS16. HOWEVER, THE OUTPUT OF THESE SUB-CONTRACTORS WAS IMPLICITLY INCLUDED IN THAT OF THE CONTRACTORS COMMISSIONING THEIR SERVICES.

APART FROM CONSTRUCTION ESTABLISHMENTS, THE SURVEY ALSO INCLUDED FIRMS ENGAGED IN THE FOLLOWING ACTIVITIES: REAL ESTATE DEVELOPMENT, LEASING, BROKERAGE AND MAINTENANCE MANAGEMENT AND ARCHITECTURAL, SURVEYING AND PROJECT ENGINEERING.

THERE WERE 3 285 ESTABLISHMENTS IN REAL ESTATE DEVELOPMENT, LEASING, BROKERAGE AND MAINTENANCE SERVICES OPERATING DURING 1984, ENGAGING A TOTAL OF 24 762 PERSONS.

/THEIR GROSS

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