THURSDAY, JUNE 23, 1994
13
"DETAILED DESIGN AND CONSTRUCTION WORKS OF THE PROJECT ARE EXPECTED TO BEGIN IN STAGES IN 1996 FOR COMPLETION IN 2003," HE SAID.
POINTING OUT THAT WEST KOWLOON WAS A MAJOR RESIDENTIAL AND COMMERICAL AREA WITH A POPULATION OF ABOUT 734,000, MR SIH SAID THE AREA WAS HOWEVER LOW-LYING AND SUSCEPTIBLE TO FLOODING.
AS THE
IMPORTANT TRANSPORT FACILITIES AND TRUNK ROADS, SUCH MASS TRANSIT RAILWAY, NATHAN ROAD, FERRY STREET, ARE LOCATED IN THIS AREA.
"ON COMPLETION OF THE PROJECT, THE RESIDENTS AND ROAD USERS IN WEST KOWLOON WOULD BE FURTHER PROTECTED FROM FLOODING," MR SIH SAID.
-
RESULTS OF 1992 SURVEY OF INDUSTRIAL PRODUCTION
THE GROSS OUTPUT PERFORMED BY MANUFACTURING ESTABLISHMENTS IN 1992 AMOUNTED TO $331.2 BILLION, REPRESENTING AN INCREASE OF 2.2% OVER 1991.
NET OF TOTAL OPERATING EXPENDITURE, THE GROSS SURPLUS OF THESE ESTABLISHMENTS AMOUNTED TO 11.6% OF THE GROSS OUTPUT IN 1992. THIS WAS 1.1 PERCENTAGE POINTS HIGHER THAN THE CORRESPONDING FIGURE OF 10.5% FOR 1991.
THE VALUE ADDED, WHICH IS A MEASURE OF THE SECTOR'S CONTRIBUTION TO HONG KONG'S GROSS DOMESTIC PRODUCT, AMOUNTED TO $97.4 BILLION IN 1992. THIS REPRESENTED AN INCREASE OF 5.1% OVER 1991.
THESE ARE SOME OF THE MAJOR FINDINGS OF THE 1992 · SURVEY OF INDUSTRIAL PRODUCTION, RELEASED TODAY (THURSDAY) BY THE CENSUS AND STATISTICS DEPARTMENT. THE SURVEY WAS CONDUCTED · FROM APRIL 1993 ΤΟ EARLY 1994.
ALL
VALUE
FIGURES IN THIS PRESS CURRENT PRICES. THE PERCENTAGE CHANGES HAVE NOT BEEN ADJUSTED FOR PRICE CHANGES. TAKEN IN INTERPRETING THE SURVEY RESULTS.
RELEASE - ARE EXPRESSED IN DERIVED FROM THESE FIGURES CAUTION SHOULD THEREFORE BE
IN TERMS OF PERCENTAGE SHARE OF GROSS OUTPUT, THE OPERATING EXPENDITURE INCURRED BY MANUFACTURING ESTABLISHMENTS AMOUNTED TO 88.4% IN 1992. THIS COMPRISED 16.4% FOR COMPENSATION OF EMPLOYEES; 61.3% FOR CONSUMPTION OF MATERIALS, SUPPLIES, AND INDUSTRIAL WORK/SERVICES; AND 10.7% FOR OTHER EXPENSES.
COMPARED WITH 1991. THESE PERCENTAGES REMAINED GENERALLY UNCHANGED EXCEPT THAT THE PERCENTAGE SHARE FOR CONSUMPTION OF MATERIALS, SUPPLIES AND INDUSTRIAL WORK/SERVICES DECREASED BY 1.4 PERCENTAGE POINTS WHILE THAT FOR OTHER EXPENSES INCREASED BY PERCENTAGE POINT.
0.3
/THE VALUE