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The gross values of construction work at constant (1990) market prices are derived by deflating the nominal values with appropriate price indices to the price level of 1990.
Owing to the widespread sub-contracting practices in the construction industry, a construction establishment can be a main contractor for one contract and a sub-contractor for another contract at the same time.
The gross value of construction work performed by main contractors, including both general and special trade contractors, covers only those projects in which the construction establishment takes the role of a main contractor, but not projects in which it takes only the role of a sub-contractor.
However, sub-contractors' contribution to projects should have been included in the gross value of construction work performed by main contractors for whom they worked.
More detailed statistics on construction output are given in the "Report on the Quarterly Survey of Construction Output, 4th Quarter 1994".
The report is now on sale at $8 a copy at the Government Publications Centre, Queensway Government Offices, Low Block, Ground Floor, or at the Census and Statistics Department Publications Section, Wanchai Tower, 19th floor, 12 Harbour Road, Wan Chai. Regular subscription may also be arranged.
Enquiries about the survey may be directed to the Building, Construction and Real Estate Statistics Section of the Census and Statistics Department on 2805 6426.
End/Thursday, April 20, 1995
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