2

TUESDAY, APRIL 20, 1993

COPIES OF THE OVUM'S REPORT

ON THE NUMBERING PLAN WILL BE AVAILABLE FOR SALE AT $58 A COPY FROM APRIL 27 ONWARDS AT THE GOVERNMENT PUBLICATIONS CENTRE, GROUND FLOOR, GENERAL POST OFFICE BUILDING, CONNAUGHT PLACE, CENTRAL.

COMMENTS ON THE CONSULTATIVE PAPER SHOULD BE GIVEN IN WRITING ON OR BEFORE JUNE 21.

ATTENTION NEWS EDITORS:

2

A PRESS CONFERENCE WILL BE HELD ON THE SUBJECT AT 5. 30PM TODAY (TUESDAY) AT THE CONFERENCE ROOM, POST OFFICE HEADQUARTERS, FOURTHI FLOOR, GENERAL POST OFFICE,

CONNAUGHT PLACE, CENTRAL. ASSISTANT POSTMASTER GENERAL (TELECOMMUNICATIONS), MR A SK WONG, WILL CHAIR THE PRESS CONFERENCE.

0

CONSTRUCTION OUTPUT STATISTICS FOR 4TH QUARTER

BY MAIN

THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED CONTRACTORS, INCLUDING GENERAL AND SPECIAL TRADE CONTRACTORS, AMOUNTED TO $18.4 BILLION IN THE FOURTH QUARTER OF LAST YEAR.

IT WAS 8.7% HIGHER THAN A YEAR AGO, ACCORDING TO THE RESULTS OF THE QUARTERLY SURVEY OF CONSTRUCTION OUTPUT RELEASED TODAY (TUESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

WORK

THE INCREASE WAS LARGELY DUE TO MORE ACTIVE CONSTRUCTION PUBLIC SITES AND A SIGNIFICANT GROWTH IN MISCELLANEOUS NON-SITE CONSTRUCTION ACTIVITIES.

ON

COMPARED WITH THE THIRD

QUARTER OF 1992, THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY MAIN CONTRACTORS INCREASED BY A SIMILAR MAGNITUDE OF 8.4%.

THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED ON PRIVATE SITES TOTALLED $8.3 BILLION AND WAS 6.9% LOWER THAN A YEAR AGO.

THE DECREASE WAS PARTLY DUE TO THE DROP IN THE VALUE OF WORK DONE IN COMMERCIAL BUILDING PROJECTS.

COMPARED WITH THE THIRD QUARTER OF 1992, THE VALUE INCREASED

BY 5.1%.

THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED ON PUBLIC SITES WAS $5 BILLION, REPRESENTING AN INCREASE OF 25.6% AND 16.1% OVER THE FOURTH QUARTER OF 1991 AND THE THIRD QUARTER OF 1992 RESPECTIVELY.

THE INCREASE WAS MAINLY DUE TO THE INTENSIFICATION OF WORKS ON A NUMBER OF MAJOR INFRASTRUCTURE PROJECTS.

/THE GROSS

Share This Page