into account. The majority of civil engineering works are
undertaken by the public sector (including the Mass
Transit Railway Corporation). In view of the strong
demand from such large civil engineering projects as the
MTR Island Line, and given that the number of persons
employed on civil engineering sites in June 1983 was 17%
higher than in June 1982, civil engineering increased in the first nine months of this year.
output
5.11
Building and construction costs
increased
In the
slightly in the second quarter of this year.
second quarter, the Labour and Material Costs Index
prepared by the Architectural Office was 1.1% higher than
in the second quarter of 1982 and 1.6% higher than in the
first quarter of 1983
However, there are signs
(10)
•
(10)
/ that
Cost and price indices for.
the building and construction industry
(1970 Q1 = 100)
Labour and
Period
material costs
Tender prices* (public building projects)
(public housing projects)
1981 Q1
1982 Q1
1983 Q1
Q2
2282 22aa aa
395 (11.3)
389 (12.1)
320
N.A.
02
409
(12.7)
393
(11.3)
324
N.A.
413 (10.4)
375
(1.6)
299
N.A.
04
433
(11.9)
376
(-1.3)
278
N.A.
446
(12.9)
364
(-6.4)
262
(-18.0)
Q2
447
(9.3)
370
(-5.9)
283 (-12.7)
449
(8.7)
342
(-8.8)
281
(-6.0)
453
(4.6)
327
(-13.0)
263
(-5.4)
445
(-0.2)
298
(-18.1)
244
(-6.9)
452
(1.1)
298
(-19.5)
253 (-10.6)
Notes: ( ) Percentage change on the same period of preceding year
*
The TPI for public building projects is compiled by the Architectural Office, and the TPI for public housing projects is compiled by the Housing Department.
N.A. Not available.
37
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