7
SATURDAY, NOVEMBER 5, 1988
HE SAID THAT THE VOLUME OF CONSTRUCTION WORK DISCOUNTING COST INCREASES, ACTUALLY GREW MUCH MORE SLOWLY THE NOMINAL CONSTRUCTION
IS IMPLIED PRESS
BY RELEASE.
SHOULD BEAR READERS INTERPRETING THE SURVEY RESULTS.
THE
PERFORMED, AFTER
THAN
WHAT
VALUES THIS POINT
REPORTED IN
IN MIND
THIS
WHEN
BY PERFORMED
OF 1988 WAS PRECEDING
MAIN
GROSS VALUE
WORK OF CONSTRUCTION CONTRACTORS AT CONSTRUCTION SITES IN THE SECOND QUARTER
THAN IN THE $7,771 MILLION. THIS WAS 6.2 PER CENT HIGHER QUARTER AND 39.3 PER CENT HIGHER THAN IN THE SECOND QUARTER
AT
OF 1987.
THE GROSS AT ERECTED WORK LOCATIONS WAS $2,129
SITES, CONSTRUCTION APART FROM WORK PERFORMED VALUE OF CONSTRUCTION WORK PERFORMED BY MAIN CONTRACTORS BUILDINGS AND STRUCTURES AND OTHER MINOR MILLION, WHICH WAS 1.3 PER CENT LOWER THAN IN BUT 16.6 PER CENT HIGHER THAN IN SECOND QUARTER OF 1987.
CONSTRUCTION
THE PRECEDING QUARTER
WORK PERFORMED BY MAIN MILLION WAS $2,552
RELATED TO KONG SECTOR (INCLUDING HONG
AND CORPORATION
KOWLOON-CANTON
OF
SITES,
OF THE
PUBLIC
RAILWAY
OF THE GROSS VALUE CONTRACTORS AT CONSTRUCTION CONSTRUCTION PROJECTS GOVERNMENT, MASS TRANSIT RAILWAY CORPORATION).
44.1 PER CENT THE SECOND QUARTER OF
THIS REPRESENTED INCREASES OF 6.9 PER CENT AND WHEN COMPARED WITH THE PRECEDING QUARTER AND 1987 RESPECTIVELY.
VALUE
THE GROSS AS FOR CONSTRUCTION PROJECTS OF THE PRIVATE SECTOR,
BY MAIN
AT PERFORMED
CONTRACTORS OF CONSTRUCTION WORK
CENT HIGHER CONSTRUCTION SITES WAS $5,219 MILLION, WHICH WAS 4.5 PER
37.1 PER CENT HIGHER THAN IN THE THAN IN THE PRECEDING QUARTER AND SECOND QUARTER OF 1987.
END-USE
OF
BUILDINGS
AND
THE STRUCTURES, WHEN ANALYSED BY
BY MAIN CONTRACTORS AT GROSS VALUE OF CONSTRUCTION WORK PERFORMED
INCLUDE CONSTRUCTION SITES IN RESPECT OF RESIDENTIAL BUILDINGS (WHICH
BUILDINGS) AND TRANSPORT COMBINED RESIDENTIAL AND NON-RESIDENTIAL
AND $1,164 PROJECTS IN THE SECOND QUARTER OF 1988 WAS $3,613 MILLION MILLION RESPECTIVELY.
PER CENT AND INCREASES RESPECTIVELY OVER THE SBCOND
THESE REPRESENTED INCREASES OF 11.4 PER CENT AND 6.8 RESPECTIVELY WHEN COMPARED WITH THE PRECEDING QUARTER, OF 34.9 PER CENT AND 33.8 QUARTER OF 1987.
THE GROSS
PER CENT
VALUE
OF CONSTRUCTION
WORK
BY
MAIN PERFORMED COMMERCIAL BUILDINGS
REPRESENTING
A
CONTRACTORS AT CONSTRUCTION SITES IN RESPECT OF WAS $1,141 MILLION IN THE SECOND QUARTER OF 1988,
WITH THE PRECEDING QUARTER DECREASE OF 15.0 PER CENT WHEN COMPARED BUT AN INCREASE OF 62.3 PER CENT OVER THE SECOND QUARTER OF 1987.
THE GROSS