TUESDAY, JULY 30, 1991
VALUE
WHEN ANALYSED BY END-USE OF BUILDINGS AND STRUCTURES, THE GROSS OF CONSTRUCTION WORK PERFORMED BY MAIN CONTRACTORS AT CONSTRUCTION SITES IN RESPECT OF RESIDENTIAL BUILDINGS (INCLUDING COMBINED RESIDENTIAL AND NON-RESIDENTIAL BUILDINGS) IN THE FIRST QUARTER OF 1991 WAS $4,671 MILLION.
THIS REPRESENTED A DECREASE OF 11.9% WHEN COMPARED WITH THE PRECEDING QUARTER BUT AN INCREASE OF 12.9% WHEN COMPARED WITH THE FIRST QUARTER OF 1990.
OVER THE
WORK
SAME PERIOD, THE GROSS VALUE OF CONSTRUCTION PERFORMED BY MAIN CONTRACTORS AT CONSTRUCTION SITES IN RESPECT OF COMMERCIAL BUILDINGS IN THE FIRST QUARTER OF 1991 WAS $2,118 MILLION, REPRESENTING A DECREASE OF 2.6% WHEN COMPARED WITH THE PRECEDING QUARTER BUT AN INCREASE OF 14.9% WHEN COMPARED WITH THE FIRST QUARTER OF 1990.
THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY MAIN IN CONTRACTORS AT CONSTRUCTION SITES IN RESPECT OF TRANSPORT PROJECTS THE FIRST QUARTER OF 1991 WAS $1,448 MILLION, WHICH WAS 6.8% AND 13.6% LOWER THAN IN THE PRECEDING QUARTER AND THE FIRST QUARTER OF 1990 RESPECTIVELY.
ΤΟ OWING
THE WIDESPREAD SUB-CONTRACTING PRACTICE IN THE INDUSTRY,
BR A CONSTRUCTION ESTABLISHMENT CAN CONSTRUCTION
A MAIN CONTRACTOR FOR ONE CONTRACT AND A SUB-CONTRACTOR FOR ANOTHER CONTRACT SIMULTANEOUSLY.
THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY MAIN CONTRACTORS (WHICH MAY BE GENERAL CONTRACTORS OR SPECIAL TRADE CONTRACTORS) REFERS TO THE OUTPUT OF THOSE CONSTRUCTION ESTABLISHMENTS IN THE PROJECTS IN WHICH THEY TAKE THE ROLE OF A MAIN CONTRACTOR, DOES NOT
WHICH INCLUDE THE CONSTRUCTION OUTPUT OF PROJECTS IN PLAY THE ROLE OF SUB-CONTRACTORS.
AND
THEY
HAVE
HOWEVER, SUB-CONTRACTORS' CONTRIBUTION TO PROJECTS SHOULD BEEN INCLUDED IN THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY THE MAIN CONTRACTORS FOR WHOM THEY WORKED.
MORE DETAILED STATISTICS ON CONSTRUCTION OUTPUT ARE GIVEN IN THE "REPORT ON THE QUARTERLY SURVEY
CONSTRUCTION
13T OUTPUT, QUARTER 1991" THE REPORT IS NOW ON SALE AT $3.00 A COPY AT THE GOVERNMENT PUBLICATIONS CENTRE, GROUND FLOOR, GENERAL POST OFFICE DEPARTMENT BUILDING, CONNAUGHT PLACE, OR AT THE CENSUS AND STATISTICS PUBLICATIONS
12 SALES COUNTER, WANCHAI TOWER 1, 19TH FLOOR, ROAD, WAN CHAI. REGULAR SUBSCRIPTION MAY ALSO BE ARRANGED.
FOR ENQUIRIES
!
HARBOUR
BE
FURTHER INFORMATION ABOUT THE SURVEY MAY DIRECTED TO THE BUILDING, CONSTRUCTION AND REAL ESTATE STATISTICS SECTION OF THE CENSUS AND STATISTICS DEPARTMENT ON TEL. 839 3265.
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