XN000022-1994-04-19 — Page 5

TUESDAY, APRIL 19, 1994

THE INCREASE WAS MAINLY DUE TO A FURTHER PICK-UP OF IN THE YEAR IN A NUMBER OF MAJOR INFRASTRUCTURAL PROJECTS.

ON

THE

OTHER

THE GROSS

OF HAND,

VALUE PERFORMED ON PRIVATE SECTOR SITES DROPPED BY 7.1%.

ACTIVITIES

CONSTRUCTION

WORK

THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED CONTRACTORS AT LOCATIONS OTHER THAN CONSTRUCTION SITES INCREASE OF 10.8%.

THIS INCLUDED MINOR NEW CONSTRUCTION ACTIVITIES AND WORK AT ERECTED BUILDINGS AND STRUCTURES.

BY GENERAL RECORDED AN

RENOVATION

THE GROSS VALUE OF CONSTRUCTION ACTIVITIES PERFORMED BY SPECIAL TRADE CONTRACTORS AT LOCATIONS

SITES, OTHER THAN CONSTRUCTION COMPRISING MAINLY ELECTRICAL AND MECHANICAL FITTING WORK, INCREASED BY 24.9%.

ANALYSED

GREATEST

INCLUDING PROJECTS BY END-USE, RESIDENTIAL BUILDING COMBINED RESIDENTIAL/NON-RESIDENTIAL BUILDINGS CONTINUED TO ACCOUNT FOR THE

PORTION OF THE GROSS VALUE

CONSTRUCTION

PERFORMED ON CONSTRUCTION SITES.

THE

VALUE GROSS

OF

OF CONSTRUCTION WORK

IN PERFORMED PROJECTS IN THE YEAR, HOWEVER, RECORDED A DECREASE OF 4.4%.

WORK

THESE

TRANSPORT PROJECTS CONSTITUTED THE SECOND LARGEST CATEGORY CONSTRUCTION SITE ACTIVITIES.

OF

GROSS VALUE THE

OF CONSTRUCTION WORK PROJECTS ROSE SHARPLY BY 110.9%.

PERFORMED

FOR SUCH

THE INCREASE WAS MAINLY ATTRIBUTABLE TO A NUMBER OF MAJOR INFRASTRUCTURAL PROJECTS.

COMMERCIAL BUILDING PROJECTS WAS THE THIRD LARGEST CATEGORY CONSTRUCTION SITE ACTIVITIES. THE GROSS VALUE OF PERFORMED FOR SUCH PROJECTS DROPPED BY 13%.

OF

CONSTRUCTION WORK

COMPARING THE FOURTH QUARTER OF 1993 WITH THE FOURTH QUARTER OF

GROSS VALUE OF CONSTRUCTION

BY WORK PERFORMED

MAIN

CONTRACTORS INCREASED BY 14.5%.

1992,

THE

THE INCREASE WAS MAINLY DUE TO MORE ACTIVE CONSTRUCTION WORK ON PUBLIC SECTOR SITES,

COMPARED WITH THE THIRD QUARTER OF 1993, THE GROSS CONSTRUCTION WORK PERFORMED BY MAIN CONTRACTORS IN THE FOURTH ROSE BY 9.7%. THIS COMPARSION MAY HOWEVER BE AFFECTED BY FLUCTUATIONS.

VALUE OF

QUARTER SEASONAL

OWING

CONSTRUCTION

THE ΤΟ INDUSTRY,

IN PRACTICES

THE A CONSTRUCTION ESTABLISHMENT CAN

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

WIDESPREAD SUB-CONTRACTING

BE

/THE GROSS