XN000022-1988-11-05 — Page 7

SATURDAY, NOVEMBER 5, 1988

6

THE INTEREST OF THE PROPERTY OWNERS TO PHYSICAL AS THE THEIR PROPERTIES PROPERLY

BE REFLECTED IN THE PRICES OF THEIR

"INDEED, IT IS IN MANAGE AND MAINTAIN ENVIRONMENT WILL INEVITABLY PROPERTIES," HE NOTED.

TACKLE

IN FORMULATING SOLUTIONS ΤΟ MR LAN POINTED OUT THAT

MANAGEMENT PROBLEMS, BUILDING

THE

HAD GOVERNMENT

TO CAREFULLY AND ΤΟ CONSIDER THE RIGHTS AND OBLIGATIONS OF ALL PARTIES CONCERNED, STRIKE A PROPER BALANCE ACCEPTABLE TO THE MAJORITY.

J

AT

THE GETTING

"PRIVATE BUILDING MANAGEMENT ADVISORY AT A PRESS BRIEFING YESTERDAY MORE

COMMUNITY

THE THE FORMATION OF

WHICH HE ANNOUNCED COMMITTEE" (NOVEMBER 4), WAS, THEREFORE, AIMED INVOLVED IN POLICY DEVELOPMENT WORK.

PLAY ALL

TO SO AS

++

"WE SHOULD

A TOWARDS

TOMORROW ENVIRONMENT

GREATER PROSPERITY OURSELVES AND FOR OUR CHILDREN, MR LAN CONCLUDED.

OUR PART

ACHIEVE

BUILDING

BETTER

FOR

CONSTRUCTION OUTPUT STATISTICS FOR SECOND QUARTER OF 1988

* *

OF VALUE

CONSTRUCTION

WORK

SITES, LOCATIONS)

MAIN AT

BY PERFORMED THE GROSS

OUT AT CONSTRUCTION CONTRACTORS (INCLUDING WORK CARRIED ERECTED BUILDINGS AND STRUCTURES, AND AT OTHER MINOR WORK IN THE SECOND QUARTER OF 1988 AMOUNTED TO $9,900 MILLION.

AND

TO

OUTPUT RELEASED

THIS WAS 3.8 PER CENT HIGHER THAN IN THE PRECEDING QUARTER 33.7 PER CENT HIGHER THAN IN THE SECOND QUARTER OF 1987, ACCORDING THE RESULTS OF THE QUARTERLY SURVEY OF CONSTRUCTION TODAY (SATURDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

CONSTRUCTION WORK PERFORMED BY THE INDEX OF GROSS VALUE OF

150.3, WITH THE MAIN CONTRACTORS FOR THE SECOND QUARTER OF 1988 WAS QUARTERLY AVERAGE OF 1982 BEING TAKEN AS 100.

QUARTER OF 1988 AND THE CORRESPONDING INDEXES FOR THE FIRST THE SECOND QUARTER OF 1987 WERE 144.8 AND 112.4 RESPECTIVELY.

WITH REGARD TO THE SUBSTANTIAL INCREASE OF IN THE

33.7 PER CENT IN SECOND QUARTER OF A SPOKESMAN FOR

THE VALUE OF CONSTRUCTION WORK PERFORMED 1988 OVER THAT IN THE SECOND QUARTER OF 1987, DEPARTMENT POINTED OUT THAT THIS WAS LARGELY DUE TO A MARKED IN CONSTRUCTION COSTS.

THE INCREASE

/HE SAID