12.
-
FRIDAY, MAY 8, 1987
THE OUTPUT VALUE OF INDUSTRIAL AND STORAGE BUILDINGS IN THE FOURTH QUARTER OF 1986 WAS $445 MILLION, WHICH WAS 15.9 PER CENT AND 1.4 PER CENT ABOVE THE PRECEDING QUARTER AND THE SAME QUARTER OF 1985 RESPECTIVELY.
THE OUTPUT VALUE OF TRANSPORT PROJECTS WAS $981 MILLION, THIS REPRESENTED AN INCREASE OF 42.0 PER CENT WHEN COMPARED WITH THE PRECEDING QUARTER AND AN INCREASE OF 99.0 PER CENT WHEN COMPARED WITH THE SAME QUARTER OF 1985. THE SIGNIFICANT INCREASE WAS DUE MAINLY TO THE WORK ON THE EASTERN HARBOUR CROSSING AND THE TUEN MUN LIGHT RAIL SYSTEM.
MORE DETAILED INFORMATION ON CONSTRUCTION OUTPUT IS GIVEN IN THE +REPORT ON THE QUARTERLY SURVEY OF CONSTRUCTION OUTPUT, 4TH QUARTER 1986+ RELEASED TODAY BY THE DEPARTMENT.
THE QUARTERLY SURVEY REPORT, PRICED AT $2 A COPY, IS ON SALE AT THE GOVERNMENT PUBLICATIONS SALES CENTRE, GENERAL POST OFFICE BUILDING, CONNAUGHT PLACE OR AT THE CENSUS AND STATISTICS DEPARTMENT PUBLICATIONS SALES COUNTER, WANCHAI TOWER 1, 19TH FLOOR, 12 HARBOUR ROAD, WAN CHAI. 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 DEPARTMENT ON 5-8234860.
U.S. TEXTILES BILL HEARINGS
*****
HEARINGS ON THE U.S. TEXTILES BILL WERE HELD IN WASHINGTON D.C. YESTERDAY BY THE HOUSE OF REPRESENTATIVES WAYS AND MEANS COMMITTEE TRADE SUBCOMMITTEE, A TRADE DEPARTMENT SPOKESMAN SAID TODAY (FRIDAY).
THE PURPOSE OF THE HEARINGS WAS TO PROVIDE AN OPPORTUNITY FOR INTERESTED PARTIES TO TESTIFY TO THE SUBCOMMITTEE, AND GIVE THEIR VIEWS ON MATTERS OF INTEREST TO THEM COVERED BY THE BILL.
THE HEARINGS WERE CHAIRED BY CONGRESSMAN GIBBONS. VIEWS WERE EXPRESSED.
VARIOUS
THE TEXTILE CAUCUS PLACED EMPHASIS ON THE INDUSTRY'S RECENT EFFORTS TO MODERNISE AND TO MARKET DOMESTIC PRODUCTS. BUT AS THE INDUSTRY WAS THREATENED BY IMPORTS, THE BILL WAS NECESSARY TO GIVE THE INDUSTRY A REASONABLE + BREATHING PERIOD TO REGAIN ITS HEALTH.
THE HONORABLE