XN000022-1995-06-22 — Page 20

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Compared with 1992, the percentage for compensation of employees and payments to labour-only sub-contractors decreased by 2.3 percentage points; and that for consumption of materials, supplies, and maintenance services by 1.7 percentage points.

The percentage for payments for fee sub-contract work rose by 2.6 percentage points; and that for other miscellaneous operating expenses by 0.9 of a percentage point.

The value added of these establishments, which is a measure of the construction industry's contribution to Hong Kong's Gross Domestic Product, amounted to $43.2 billion in 1993. This represented an increase of 15.7% over 1992.

The value added content of the gross output performed by these establishments amounted to 28.5%, comprising 22.0% for compensation of employees and payments to labour-only sub-contractors and 6.5% for gross operating surplus. Compared with 1992, the former proportion decreased by 2.3 percentage points and the latter increased by 0.5 of a percentage point.

The survey results also showed that 17,100 construction establishments operated in 1993.

Some 39.3% of the construction establishments were engaged in decoration, repair and maintenance of erected buildings and structures. They accounted for $18.4 billion or 12.1% of the gross output.

On the other hand, the general trade contractors operating at construction sites, though totalling about 5.4% of the establishments, accounted for $92.6 billion or 61.1% of the gross output.

The rest of the construction establishments consisted mostly of special trade contractors, such as contractors specialising in electrical and mechanical fittings. These contractors constituted 55.3% of the establishments in this industrial sector, and accounted for 26.8% of the gross output.

The survey did not cover labour-only sub-contractors who mainly supplied labour to work on a job-to-job basis. However, the gross value of construction work performed by these sub-contractors had already been included in that performed by those contractors commissioning their services.

Apart from construction establishments, the survey also enumerated establishments engaged in (i) real estate development, leasing, brokerage and maintenance management services, and (ii) architectural, surveying and project engineering services.

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