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Construction output statistics for 3rd quarter of 1994
The gross value of construction work performed by main contractors, including general and special trade contractors, amounted to $21.9 billion in the third quarter of 1994, and was 14.1% higher than a year earlier, according to the results of a Quarterly Survey of Construction Output released today (Friday) by the Census and Statistics Department.
Compared with the second quarter of 1994, the gross value of construction work performed by main contractors in the third quarter of 1994 decreased by 1.0%.
The gross value of construction work performed on private sector sites totalled $9.0 billion, representing an increase of 25.8% from the third quarter of 1993 but a marginal decrease of 0.4% from the second quarter of 1994.
The gross value of construction work performed on public sector sites was $6.5 billion, and was 2.1% and 0.5% higher than those in the third quarter of 1993 and the second quarter of 1994 respectively.
The gross value of construction work performed by general contractors at locations other than construction sites was $4.2 billion, which was 6.2% higher than that in the third quarter of 1993 but 3.2% lower than that in the second quarter of 1994. This included minor new construction activities and renovation work at erected buildings and structures.
The gross value of construction activities performed by special trade contractors at locations other than construction sites, comprising mainly electrical and mechanical fitting work, totalled $2.1 billion, and was 28.1% higher than that in the third quarter of 1993 but 3.2% lower than that in the second quarter of 1994.
Analysed by end-use, residential building projects (including commercial / residential (composite) buildings) continued to account for the greatest portion of the gross value of construction work performed at construction sites.
The gross value of construction work performed for these projects was $5.2 billion, which was 11.9% and 7.3% higher than those in the third quarter of 1993 and the second quarter of 1994 respectively.
Transport projects remained the second largest category of construction site work. The gross value of construction work performed for these projects was $3.8 billion. This was 5.6% higher than that in the third quarter of 1993 but 13.1% lower than that in the second quarter of 1994.