1
SATURDAY, FEBRUARY 2, 1991
THIRD QUARTER 1990 CONSTRUCTION OUTPUT STATISTICS RELEASED
CONTRACTORS
CONSTRUCTION WORK
BY
MAIN
TRADE
THE GROSS
OF VALUE
PERFORMED (WHICH MAY BE GENERAL CONTRACTORS OR SPECIAL CONTRACTORS) IN THE THIRD QUARTER OF 1990 AMOUNTED TO $15,830 MILLION, AND WHICH WAS 6.1 PER CENT HIGHER THAN IN THE SECOND QUARTER OF 1990 25.0 PER CENT HIGHER THAN IN THE THIRD QUARTER OF 1989, ACCORDING THE RESULTS OF THE QUARTERLY SURVEY OF CONSTRUCTION TODAY (SATURDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
MAIN
CONTRACTORS.
то
OUTPUT RELEASED
ENGAGED
IN
SPECIAL TRADE NEW TRADE
CONCRETING,
CONTRACTORS MAY BE GENERAL CONTRACTORS OR
WHEREAS GENERAL CONTRACTORS ARE CONSTRUCTION WORK AND
SPECIAL AND MAINTENANCE, RENOVATION CONTRACTORS ARE ENGAGED IN SPECIALISED JOB AREAS SUCH AS SCAFFOLDING, CARPENTRY, PLUMBING AND GAS WORK.
THE THIRD ATTRIBUTABLE
A SPOKESMAN FOR THE DEPARTMENT POINTED OUT THAT THE INCREASE OF 25.0 PER CENT IN THE GROSS VALUE OF CONSTRUCTION WORK IN QUARTER OF 1990 OVER THE SAME PERIOD IN 1989 WAS PARTLY TO THE INCREASE IN CONSTRUCTION COSTS.
NEVERTHELESS, AFTER DISCOUNTING THE COST INCREASES, GROWTH IN THE VOLUME OF CONSTRUCTION WORK PERFORMED SHOULD SIGNIFICANT.
THE REAL STILL BE
THE INDEX OF GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY MAIN WAS 240.2, WITH THE CONTRACTORS FOR THE THIRD QUARTER OF 1990 QUARTERLY AVERAGE OF 1982 BEING TAKEN AS 100.
THE CORRESPONDING INDEXES FOR THE SECOND QUARTER OF THE THIRD QUARTER OF 1989 WERE 226.5 AND 192.2 RESPECTIVELY.
1990 AND
BY PERFORMED
MAIN OF THE GROSS VALUE OF CONSTRUCTION WORK
OF THIRD QUARTER IN THE
1990,
WAS CONTRACTORS
MILLION $14,508
THIS WAS 5.3 ATTRIBUTABLE TO WORK PERFORMED BY GENERAL CONTRACTORS.
QUARTER AND PER CENT AND 25.6 PER CENT HIGHER THAN IN THE PRECEDING THE THIRD QUARTER OF 1989 RESPECTIVELY.
THE GROSS
VALUE
OF
WAS
ON THE OTHER HAND,
CONSTRUCTION WORK PERFORMED BY SPECIAL TRADE CONTRACTORS WAS $1,321 MILLION, WHICH 15.3 PER CENT AND 18.5 PER CENT HIGHER THAN IN THE PRECEDING AND THE THIRD QUARTER OF 1989 RESPECTIVELY.
QUARTER
OF THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY GENERAL RELATED CONTRACTORS IN THE THIRD QUARTER OF 1990, $7,570 MILLION WAS
BEINO TO NEW CONSTRUCTION WORK AT PRIVATE SECTOR CONSTRUCTION SITES, 9.1 PER CENT AND 24.2 PER CENT HIGHER THAN IN THE AND THE THIRD QUARTER OF 1989 RESPECTIVELY.
PRECEDING QUARTER
WORK AT SOME $3,909 MILLION WAS RELATED TO NEW CONSTRUCTION
MASS GOVERNMENT,
TRANSIT RAILWAY PUBLIC SECTOR (INCLUDING THE CORPORATION
KOWLOON-CANTON RAILWAY CORPORATION) CONSTRUCTION SITES, REPRESENTING INCREASES OF 0.1 PER CENT AND 6.5 PER CENT OVER THE PRECEDING QUARTER AND THE THIRD QUARTER OF 1989 RESPECTIVELY.
AND
/THE REMAINING