XN000022-1991-02-02 — Page 2

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SATURDAY, FEBRUARY 2, 1991

THIRD QUARTER 1990 CONSTRUCTION OUTPUT STATISTICS RELEASED

CONTRACTORS

CONSTRUCTION WORK

BY

MAIN

TRADE

THE GROSS

OF VALUE

PERFORMED (WHICH MAY BE GENERAL CONTRACTORS OR SPECIAL CONTRACTORS) IN THE THIRD QUARTER OF 1990 AMOUNTED TO $15,830 MILLION, AND WHICH WAS 6.1 PER CENT HIGHER THAN IN THE SECOND QUARTER OF 1990 25.0 PER CENT HIGHER THAN IN THE THIRD QUARTER OF 1989, ACCORDING THE RESULTS OF THE QUARTERLY SURVEY OF CONSTRUCTION TODAY (SATURDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

MAIN

CONTRACTORS.

то

OUTPUT RELEASED

ENGAGED

IN

SPECIAL TRADE NEW TRADE

CONCRETING,

CONTRACTORS MAY BE GENERAL CONTRACTORS OR

WHEREAS GENERAL CONTRACTORS ARE CONSTRUCTION WORK AND

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

THE THIRD ATTRIBUTABLE

A SPOKESMAN FOR THE DEPARTMENT POINTED OUT THAT THE INCREASE OF 25.0 PER CENT IN THE GROSS VALUE OF CONSTRUCTION WORK IN QUARTER OF 1990 OVER THE SAME PERIOD IN 1989 WAS PARTLY TO THE INCREASE IN CONSTRUCTION COSTS.

NEVERTHELESS, AFTER DISCOUNTING THE COST INCREASES, GROWTH IN THE VOLUME OF CONSTRUCTION WORK PERFORMED SHOULD SIGNIFICANT.

THE REAL STILL BE

THE INDEX OF GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY MAIN WAS 240.2, WITH THE CONTRACTORS FOR THE THIRD QUARTER OF 1990 QUARTERLY AVERAGE OF 1982 BEING TAKEN AS 100.

THE CORRESPONDING INDEXES FOR THE SECOND QUARTER OF THE THIRD QUARTER OF 1989 WERE 226.5 AND 192.2 RESPECTIVELY.

1990 AND

BY PERFORMED

MAIN OF THE GROSS VALUE OF CONSTRUCTION WORK

OF THIRD QUARTER IN THE

1990,

WAS CONTRACTORS

MILLION $14,508

THIS WAS 5.3 ATTRIBUTABLE TO WORK PERFORMED BY GENERAL CONTRACTORS.

QUARTER AND PER CENT AND 25.6 PER CENT HIGHER THAN IN THE PRECEDING THE THIRD QUARTER OF 1989 RESPECTIVELY.

THE GROSS

VALUE

OF

WAS

ON THE OTHER HAND,

CONSTRUCTION WORK PERFORMED BY SPECIAL TRADE CONTRACTORS WAS $1,321 MILLION, WHICH 15.3 PER CENT AND 18.5 PER CENT HIGHER THAN IN THE PRECEDING AND THE THIRD QUARTER OF 1989 RESPECTIVELY.

QUARTER

OF THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY GENERAL RELATED CONTRACTORS IN THE THIRD QUARTER OF 1990, $7,570 MILLION WAS

BEINO TO NEW CONSTRUCTION WORK AT PRIVATE SECTOR CONSTRUCTION SITES, 9.1 PER CENT AND 24.2 PER CENT HIGHER THAN IN THE AND THE THIRD QUARTER OF 1989 RESPECTIVELY.

PRECEDING QUARTER

WORK AT SOME $3,909 MILLION WAS RELATED TO NEW CONSTRUCTION

MASS GOVERNMENT,

TRANSIT RAILWAY PUBLIC SECTOR (INCLUDING THE CORPORATION

KOWLOON-CANTON RAILWAY CORPORATION) CONSTRUCTION SITES, REPRESENTING INCREASES OF 0.1 PER CENT AND 6.5 PER CENT OVER THE PRECEDING QUARTER AND THE THIRD QUARTER OF 1989 RESPECTIVELY.

AND

/THE REMAINING