MONDAY, FEBRUARY 9, 1987
THE FIGURES FOR MAIN CONTRACTORS ARE FREE FROM THE EFFECT OF DOUBLE-COUNTING OF CONSTRUCTION VALUE DUE TO THE SUB-CONTRACTING PRACTICE IN THE CONSTRUCTION INDUSTRY. THEY ARE, THEREFORE DIFFERENT FROM THE FIGURES ON CONSTRUCTION WORK PERFORMED BY ALL CONTRACTORS.
THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY MAIN CONTRACTORS AT CONSTRUCTION SITES IN THE THIRD QUARTER OF 1986 AMOUNTED TO $5 091 MILLION, WHICH WAS 7.2 PER CENT AND 13.6 PER CENT HIGHER THAN THE PŘECEDING QUARTER AND THE SAME QUARTER OF 1985 RESPECTIVELY.
OF THIS, $1 653 MILLION WAS CONSTRUCTION OUTPUT OF PUBLIC PROJECTS, WHICH RECORDED AN INCREASE OF 8.5 PER CENT WHEN COMPARED WITH THE PRECEDING QUARTER, OR 7.8 PER CENT WHEN COMPARED WITH THE SAME QUARTER OF 1985.
IN THE PRIVATE SECTOR, THE CONSTRUCTION OUTPUT AT SITES, AT $3 438 MILLION, SHOWED INCREASES OF 6.5 PER CENT AND 16.5 PER CENT WHEN COMPARED WITH THE PRECEDING QUARTER AND THE SAME QUARTER OF 1985 RESPECTIVELY.
THE OUTPUT VALUE OF RESIDENTIAL BUILDINGS IN THE THIRD QUARTER OF 1986 WAS $1 896 MILLION. THIS REPRESENTED AN INCREASE OF 2.8 PER CENT WHEN COMPARED WITH THE PRECEDING QUARTER AND 23.4 PER CENT WHEN COMPARED WITH THE SAME QUARTER OF 1985.
THE OUTPUT VALUE OF COMMERCIAL BUILDINGS WAS $527 MILLION, REPRESENTING AN INCREASE OF 11.2 PER CENT IN COMPARISON WITH THE PRECEDING QUARTER BUT A DROP BY 29.2 PER CENT WHEN COMPARED WITH THE SAME QUARTER OF 1985.
THE OUTPUT VALUE OF COMMERCIAL-RESIDENTIAL (COMPOSITE) BUILDINGS IN THE THIRD QUARTER OF 1986 WAS $670 MILLION, WHICH WAS 7.5 PER CENT AND 54 PER CENT ABOVE THE PRECEDING QUARTER AND THE SAME QUARTER OF 1985 RESPECTIVELY.
THE OUTPUT VALUE OF INDUSTRIAL AND STORAGE BUILDINGS IN THE THIRD QUARTER OF 1986 WAS $384 MILLION, WHICH WAS 20.3 PER CENT BELOW THE PRECEDING QUARTER BUT 3.5 PER CENT ABOVE THE SAME QUARTER OF 1985.
THE OUTPUT VALUE OF TRANSPORT PROJECTS WAS $691 MILLION. THIS REPRESENTED AN INCREASE OF 56.7 PER CENT WHEN COMPARED WITH THE PRECEDING QUARTER AND AN INCREASE OF 42.2 PER CENT WHEN COMPARED WITH THE SAME QUARTER OF 1985. THE SIGNIFICANT INCREASE WAS DUE IN PART TO THE COMMENCEMENT OF WORK ON THE EASTERN HARBOUR CROSSING.
MORE DETAILED
No comments yet.
Private notes are available after approval.