XN000022-1989-02-03 — Page 15

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FRIRDAY, FEBRUARY 3, 1989

FOR CONSTRUCTION PROJECTS OF THE PRIVATE SECTOR, THE GRO99 VALUE OF CONSTRUCTION WORK PERFORMED BY MAIN CONTRACTORS AT CONSTRUCTION SITES WAS $4,822 MILLION, WHICH WAS 7.6 PER CENT LOWER THAN IN THE PRECEDING QUARTER BUT 15.7 PER CENT HIGHER THAN IN THE THIRD QUARTER OF 1987.

WHEN ANALYSED BY END-USE OF BUILDINGS AND STRUCTURES, THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY MAIN CONTRACTORS AT CONSTRUCTION SITES IN RESPECT OF RESIDENTIAL BUILDINGS (WHICH INCLUDE COMBINED RESIDENTIAL AND NON-RESIDENTIAL BUILDINGS) AND COMMERCIAL BUILDINGS IN THE THIRD QUARTER OF 1988 WAS $3,412 MILLION AND $1,109 MILLION RESPECTIVELY.

THESE REPRESENTED DECREASES OF 5.6 PER CENT AND 2.8 PER CENT RESPECTIVELY WHEN COMPARED WITH THE PRECEDING QUARTER, BUT INCREASES OF 18.2 PER CENT AND 29.9 PER CENT RESPECTIVELY OVER THE THIRD QUARTER OF 1987.

THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY MAIN CONTRACTORS AT CONSTRUCTION SITES IN RESPECT OF TRANSPORT PROJECTS WAS $866 MILLION IN THE THIRD QUARTER OF 1988, REPRESENTING DECREASES 25.6 PER CENT AND 10.4 PER CENT WHEN COMPARED WITH THE PRECEDING QUARTER AND THE THIRD QUARTER OF 1987 RESPECTIVELY,

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THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY MAIN CONTRACTORS AT CONSTRUCTION SITES IN RESPECT OF INDUSTRIAL AND STORAGE BUILDINGS IN THE THIRD QUARTER OF 1988 WAS $696 MILLION, WHICH WAS 7.6 PER CENT LOWER THAN IN THE PRECEDING QUARTER BUT 26.5 PER CENT HIGHER THAN IN THE THIRD QUARTER OF 1987.

OWING TO THE WIDESPREAD SUB-CONTRACTING PRACTICE IN THE CONSTRUCTION SECTOR, A CONSTRUCTION ESTABLISHMENT CAN BE A MAIN CONTRACTOR FOR ONE CONTRACT AND A SUB-CONTRACTOR FOR ANOTHER CONTRACT SIMULTANEOUSLY.

THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY MAIN CONTRACTORS REFERS TO THE OUTPUT OF THOSE CONSTRUCTION ESTABLISHMENTS IN THE PROJECTS IN WHICH THEY TAKE THE ROLE OF A MAIN CONTRACTOR, AND DOES NOT INCLUDE THE CONSTRUCTION OUTPUT OF PROJECTS WHERE THEY PLAY THE ROLE OF SUB-CONTRACTORS.

HOWEVER, SUB-CONTRACTORS'

CONTRIBUTION TO PROJECTS SHOULD HAVE BEEN INCLUDED IN THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY THE MAIN CONTRACTORS FOR WHOM THEY WORKED.

MORE DETAILED INFORMATION ON CONSTRUCTION OUTPUT IS GIVEN IN THE "REPORT ON THE QUARTERLY SURVEY OF CONSTRUCTION OUTPUT, 3RD QUARTER 1988" WHICH ON SALE AT

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$2.50 A COPY AT THE GOVERNMENT PUBLICATIONS CENTRE, G P O BUILDING, CONNAUGHT PLACE, OR AT THE CENSUS AND STATISTICS DEPARTMENT PUBLICATIONS SALES COUNTER, WANCHAI TOWER I, 19TH FLOOR, 12 HARBOUR ROAD, WAN CHAI.

REGULAR SUBSCRIPTION MAY ALSO BE ARRANGED.

ENQUIRIES FOR FURTHER INFORMATION ABOUT THE SURVEY MAY BE DIRECTED то THE BUILDING, CONSTRUCTION AND REAL ESTATE STATISTICS SECTION OF THE CENSUS AND STATISTICS DEPARTMENT ON 5-8234860.

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