XN000022-1987-11-09 — Page 5

MONDAY, NOVEMBER 9, 1987

THE FIGURES FOR MAIN CONTRACTORS ARE FREE FROM THE EFFECT OF DUE ΤΟ THE SUB-CONTRACTING DOUBLE-COUNTING OF CONSTRUCTION VALUE

DIFFERENT PRACTICE IN THE CONSTRUCTION INDUSTRY. THEY ARE, THEREFORE, FROM THE FIGURES ON CONSTRUCTION WORK PERFORMED BY ALL CONTRACTORS.

OF THE GRO98 VALUE CONTRACTORS AT CONSTRUCTION SITES IN THE AMOUNTED TO $5,577 MILLION. THIS WAS

SECOND

CONSTRUCTION WORK PERFORMED BY MAIN QUARTER OF 1987 3.4 PER CENT LOWER THAN THE

SAME QUARTER

OF PRECEDING QUARTER BUT 17.4 PER CENT HIGHER THAN THE 1986. OF THIS GROSS VALUE, $1,771 MILLION WAS CONSTRUCTION OUTPUT OF PUBLIC PROJECTS, REPRESENTING A DECREASE OF 9.6 PER CENT COMPARED WITH THE PRECEDING QUARTER BUT AN INCREASE OF 16.2 PER CENT WHEN

PRIVATE SECTOR, COMPARED WITH THE SAME QUARTER OF 1986. IN THE

ABOUT THE SAMB CONSTRUCTION OUTPUT AT SITES, AT $3,806 MILLION, WAS

INCREASED

17.9 PER CENT WHEN AS THE PRECEDING QUARTER BUT HAD COMPARED WITH THE SAME QUARTER OF 1986.

BY

THE

1.7

THE OUTPUT VALUE OF RESIDENTIAL BUILDINGS (WHICH INCLUDE COMBINED RESIDENTIAL AND NON-RESIDENTIAL BUILDINGS) IN THE SECOND QUARTER OF 1987 WAS $2,679 MILLION. THIS REPRESENTED INCREASES OF

WITH THE PRECEDING PER CENT AND 8.5 PER CENT WHEN COMPARED AND THE SAME QUARTER OF 1986 RESPECTIVELY.

QUARTER

REPRESENTING A DECREASE OF 9.8 PRECEDING QUARTER BUT A SIGNIFICANT THE SAME QUARTER OF 1986.

THE OUTPUT VALUE OF COMMERCIAL BUILDINGS WAS

CENT IN COMPARISON

PER INCREASE OF 48.3

$703

PER

MILLION, WITH THE CENT OVER

STORAGE

IN BUILDINGS

THE PER CENT AND THE SAME QUARTER

THE OUTPUT VALUE OF INDUSTRIAL AND SECOND QUARTER OF 1987 WAS $508 MILLION, WHICH WAS 1.6 5.4 PER CENT HIGHER THAN THE PRECEDING QUARTER AND OF 1986 RESPECTIVELY.

WHICH THE OUTPUT VALUE OF TRANSPORT PROJECTS WAS $870 MILLION,

CENT ABOVE WAS 5.9 PER CENT BELOW THE PRECEDING QUARTER BUT 97.3 PER

THE SIGNIFICANT INCREASE OVER THE THE SAME QUARTER OF 1986.

SAME QUARTER LAST YEAR WAS A RESULT OF THE PARTICULARLY LOW OUTPUT VALUE OF

AT TRANSPORT PROJECTS IN THE SECOND QUARTER OF 1986,

9441 MILLION, AFTER THE COMPLETION OF THE FINAL STAGE OF THE RAILWAY ISLAND LINE PROJECT WHILE NEW PROJECTS HARBOUR CROSSING HAD NOT YET BEEN STARTED AT THAT TIME.

MASS TRANSIT SUCH A3 THE EASTERN

IN

2ND

MORE DETAILED INFORMATION ON CONSTRUCTION OUTPUT IS GIVEN THE "REPORT ON THE QUARTERLY SURVEY OF CONSTRUCTION OUTPUT, QUARTER 1987" RELEASED TODAY BY THE CENSUS AND STATISTICS DEPARTMENT.

POST

19/F,

COPY. PURCHASES THE QUARTERLY SURVEY REPORT IS PRICED AT $2 A MAY BE MADE AT THE GOVERNMENT PUBLICATIONS SALES CENTRE, GENERAL

THE CENSUS AND STATISTICS OFFICE BUILIDNG, CONNAUGHT PLACE, OR AT DEPARTMENT PUBLICATIONS SALES COUNTER, WANCHAI TOWER

1, 12 HARBOUR ROAD, WAN CHAI. REGULAR SUBSCRIPTION MAY ALSO BE ARRANGED.

ENQUIRIES FOR FURTHER

INFORMATION ABOUT THE SURVEY MAY BE CONSTRUCTION AND REAL ESTATE DIRECTED TO THE BUILDING,

STATISTICS SECTION OF THE CENSUS AND STATISTICS DEPARTMENT ON 5-8234860.

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