XN000022-1992-05-04 — Page 18

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MONDAY, MAY 4, 1992

THE GROSS VALUE OF WORK PERFORMED IN THE FOURTH QUARTER OF 1991 14.7% AT $1.3 BILLION, WAS 6.2% LOWER THAN THE PRECEDING QUARTER AND LOWER THAN A YEAR AGO.

OWING TO THE WIDESPREAD SUB-CONTRACTING PRACTICES IN THE

BE A CONSTRUCTION ESTABLISHMENT CAN

A MAIN CONSTRUCTION INDUSTRY,

CONTRACT CONTRACTOR FOR ONE CONTRACT AND A SUB-CONTRACTOR FOR ANOTHER AT THE SAME TIME.

THE GROSS

CONTRACTORS,

VALUE OF CONSTRUCTION WORK

BY MAIN PERFORMED INCLUDING BOTH GENERAL AND SPECIAL TRADE CONTRACTORS, COVERS ONLY THOSE PROJECTS IN WHICH THE

ESTABLISHMENT CONSTRUCTION

IN WHICH IT TAKES THE ROLE OF A MAIN CONTRACTOR, BUT NOT PROJECTS TAKES ONLY THE ROLE OF A SUB-CONTRACTOR.

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.

ON

MORE DETAILED STATISTICS ON CONSTRUCTION OUTPUT ARE

OF "REPORT THE

CONSTRUCTION THE QUARTERLY SURVEY QUARTER 1991",

GIVEN IN OUTPUT, 4TH

A COPY

IS NOW ON SALE AT $3 REPORT THE

AT THE GOVERNMENT PUBLICATIONS SALES CENTRE, GROUND FLOOR, GENERAL POST OFFICE BUILDING, CONNAUGHT PLACE,

THE OR AT

CENSUS AND STATISTICS PUBLICATIONS SALES COUNTER, WANCHAI TOWER 1, 19TH FLOOR, -ROAD, WAN CHAI. REGULAR SUBSCRIPTION MAY ALSO BE ARRANGED.

ENQUIRIES

ABOUT

DEPARTMENT 12 HARBOUR

BUILDING, CENSUS AND

THE THE SURVEY MAY BE DIRECTED TO

THE REAL ESTATE STATISTICS SECTION OF CONSTRUCTION AND STATISTICS DEPARTMENT ON TEL 839 3265.

UK/HK STUDENT FUNDING SCHEME INVITES APPLICATIONS

*

THE

STUDENT FINANCIAL ASSISTANCE AGENCY ANNOUNCED THAT FINANCIAL ASSISTANCE UNDER THE JOINT FUNDING SCHEME FOR THE 1992-93 ACADEMIC YEAR IS OPEN TO APPLICATIONS FROM TODAY (MONDAY).

THE SCHEME IS JOINTLY FINANCED BY THE HONG KONG AND UNITED KINGDOM GOVERNMENTS TO HELP HONG KONG STUDENTS WHO ARE IN NEED TO PAY THE HIGHER TUITION FEES CHARGED ON OVERSEAS STUDENTS IN THE UNITED KINGDOM.

IT IS OPEN TO HONG KONG STUDENTS PURSUING FULL-TIME FIRST DEGREE OR HIGHER NATIONAL DIPLOMA COURSES AT UNIVERSITIES, POLYTECHNICS AND COLLEGES IN THE PUBLIC SECTOR IN THE UNITED KINGDOM, SUBJECT TO THEIR HAVING RESIDED CONTINUOUSLY OR HAVE HAD THEIR HOME IN HONG KONG FOR AT LEAST SEVEN YEARS IMMEDIATELY BEFORE THE COURSE STARTS.

/THE SCHEME