XN000022-1990-08-03 — Page 7

FRIDAY, AUGUST 3, 1990 "

FIRST QUARTER CONSTRUCTION OUTPUT STATISTICS RELEASED

OF

PERFORMED

BY

MAIN

WORK THE GROSS VALUE

CONSTRUCTION

OR SPECIAL TRADE CONTRACTORS BE GENERAL CONTRACTORS (WHICH MAY CONTRACTORS) IN THE FIRST QUARTER OF 1990 AMOUNTED TO $13,795 MILLION, AND WHICH WAS 2.5 PER CENT HIGHER THAN IN THE FOURTH QUARTER OF 1989 16.2 PER CENT HIGHER THAN IN THE FIRST QUARTER OF 1989, ACCORDING THE RESULTS OF THE QUARTERLY SURVEY OF CONSTRUCTION TODAY (FRIDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

MAIN

TO

OUTPUT RELEASED

SPECIAL TRADE CONTRACTORS MAY BE GENERAL CONTRACTORS OR

ARE ENGAGED IN NEW GENERAL CONTRACTORS CONTRACTORS. WHEREAS

SPECIAL TRADE CONSTRUCTION WORK AND RENOVATION AND MAINTENANCE, CONTRACTORS ARE ENGAGED IN SPECIALISED JOB AREAS SUCH AS SCAFFOLDING, CARPENTRY, PLUMBING AND GAS WORK.

CONCRETING,

A SPOKESMAN FOR THE DEPARTMENT POINTED OUT THAT THE INCREASE OF THE FIRST 16.2 PER CENT IN THE GROSS VALUE OF CONSTRUCTION WORK IN

ATTRIBUTABLE QUARTER OF 1990 OVER THE SAME QUARTER IN 1989 WAS MOSTLY

AFTER DISCOUNTING THE COST TO THE INCREASE IN CONSTRUCTION COSTS.

VOLUME THE REAL GROWTH INCREASES, PERFORMED WAS SUBSTANTIALLY LESS.

IN THE

OF CONSTRUCTION

WORK

BY

WITH

THE

THE INDEX OF THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED CONTRACTORS FOR THE FIRST QUARTER OF 1990 WAS 209.4, QUARTERLY AVERAGE OF 1982 BEING TAKEN AS 100.

MAIN

THE CORRESPONDING INDEXES FOR THE FOURTH QUARTER OF THE FIRST QUARTER OF 1989 WERE 204.2 AND 180.1 RESPECTIVELY.

1989

AND

MAIN

WAS

4.7

PERFORMED BY OF THE GROSS VALUE OF CONSTRUCTION WORK

MILLION $12,793 CONTRACTORS

THE IN

FIRST QUARTER OF 1990,

THIS WAS ATTRIBUTABLE TO WORK PERFORMED BY GENERAL CONTRACTORS.

QUARTER AND PER CENT AND 18.4 PER CENT HIGHER THAN IN THE PRECEDING THE FIRST QUARTER OF 1989 RESPECTIVELY.

BY GENERAL

WORK

OF THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED CONTRACTORS, $6,330 MILLION WAS RELATED TO NEW CONSTRUCTION PRIVATE SECTOR CONSTRUCTION SITES, BEING 3.2 PER CENT AND 5.1 PER CENT HIGHER THAN IN THE PRECEDING QUARTER AND THE FIRST QUARTER RESPECTIVELY.

OF 1989

WORK AT RAILWAY CONSTRUCTION PRECEDING

SOME $3.931 MILLION WAS RELATED TO NEW CONSTRUCTION PUBLIC SECTOR (INCLUDING THE GOVERNMENT, MASS TRANSIT

RAILWAY KOWLOON-CANTON

CORPORATION) CORPORATION AND

THE OF 0.7 PER CENT OVER SITES, REPRESENTING INCREASES QUARTER AND 31.6 PER CENT OVER THE FIRST QUARTER OF 1989.

NEW CONSTRUCTION

AND MAINTENANCE AT

THE REMAINING $2,533 MILLION WAS RELATED TO WORK AT MINOR WORK LOCATIONS, AND RENOVATION ERECTED BUILDINGS AND STRUCTURES. THIS WAS 16.5 PER CENT AND 41.1 PER CENT HIGHER THAN IN THE PRECEDING QUARTER AND THE FIRST 1989 RESPECTIVELY.

QUARTER OF

/THE GROSS