Airport projects boost construction to $11.1b
Airport-related projects helped the level of public sector construction surge 40.4 per cent to $11.1 billion in the first quarter of this year, according to official figures.
The Government's quarterly construction output survey, released yesterday, showed airport-related work accounted for $5.5 billion.
Non-airport construction amounted to $5.6 billion, a 50.2 per cent increase compared with the first quarter last year.
'The remarkable increase largely reflected the intensification of work on the major infrastructural projects,' a Government spokesman said.
The Works Branch continued the trend yesterday, inviting tenders for four major infrastructure schemes.
These include the final section of Sai Sha Road in Ma On Shan, the upgrade of Lung Mun Road, Tuen Mun, and water supply improvements in Mai Po and San Tin.
The Census and Statistics Department figures reveal the gross value of construction work done by main contractors reached $27.5 billion in the first three months of the year.
This represents a 20.6 per cent rise over the first quarter of last year.
Measured at constant 1990 market prices, the gross value of all construction work done in the first quarter of this year increased 12.1 per cent compared with the first three months of last year.
Private sector construction felt the downturn in consumer confidence with just a 4.1 per cent increase in the first quarter this year to $9.1 billion compared with the same period last year.
Measured against constant 1990 prices, the level actually fell 5.9 per cent.
Minor construction and renovation recorded a 17.1 per cent increase to $4.7 billion, and mechanical and electrical installation rose 21.3 per cent at $2.6 billion.
By sector, the biggest slice went on transport projects, where $6.5 billion worth of work was completed, a 46.4 per cent rise over the first quarter of 1995.
Residential building recorded a 23 per cent increase to $5.9 billion, with commercial construction rising 9.1 per cent to $2.6 billion.