Building work on sites up
INCREASED construction on public sites boosted the gross value of work by main contractors, rising 11.2 per cent last year to $75.3 billion.
Government statistics yesterday showed residential projects continued to account for the largest portion. However, their gross value dropped 4.4 per cent.
Transport projects were the second largest, with gross value up sharply, by 110.9 per cent, due mainly to the large amount of infrastructure jobs.
Gross value of construction work at public sector sites jumped 40.6 per cent as a result of a recovery of activity in infrastructure projects.
However, the gross value of construction work performed on the private sector dropped 7.1 per cent.
The gross value of construction work by general contractors at locations other than construction sites rose 10.8 per cent.
This include minor new construction activities and renovation work at existing building and structures.
The gross value of construction activities by special trade contractors at locations other than construction sites, comprising mainly electrical and mechanical fitting work, was up 24.9 per cent.