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FRIDAY, MAY 5, 1989

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 FOURTH QUARTER OF 1988 WAS $4,172 MILLION AND $1.392 MILLION RESPECTIVELY.

THESE REPRESENTED INCREASES OF 22.3 PER CENT AND 25.5 PER CENT RESPECTIVELY OVER THE PRECEDING QUARTER, AND INCREASES OF 26.2 PER CENT AND 24.3 PER CENT RESPECTIVELY OVER THE FOURTH QUARTER OF 1987.

THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY MAIN CONTRACTORS AT CONSTRUCTION SITES IN RESPECT OF TRANSPORT PROJECTS WAS $1,104 MILLION IN THE FOURTH QUARTER OF 1988, REPRESENTING AN INCREASE OF 27.5 PER CENT OVER THE PRECEDING QUARTER BUT A DECREASE OF 4.8 PER CENT WHEN COMPARED WITH THE FOURTH QUARTER OF 1987.

THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY MAIN CONTRACTORS AT CONSTRUCTION SITES IN RESPECT OF INDUSTRIAL AND STORAGE BUILDINGS IN THE FOURTH QUARTER OF 1988 WAS $784 MILLION, WHICH WAS 12.6 PER CENT AND 19.5 PER CENT HIGHER THAN IN THE PRECEDING QUARTER AND THE FOURTH QUARTER OF 1987 RESPECTIVELY.

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WIDESPREAD SUB-CONTRACTING PRACTICE 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, 4TH QUARTER 1988", WHICH IS AVAILABLE ON SALE AT $2.50 A COPY AT THE GOVERNMENT PUBLICATIONS CENTRE, GENERAL POST OFFICE BUILDING, CONNAUGHT PLACE, OR AT THE CENSUS AND STATISTICS DEPARTMENT PUBLICATIONS SALES COUNTER, WANCHAI TOWER 1, 19/F, 12 HARBOUR WAN CHAI. REGULAR SUBSCRIPTION MAY ALSO BE ARRANGED.

ROAD,

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

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