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Sun April 18 2021

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Hong Kong construction output up 9.7%

13 Mar 15 Main contractors in Hong Kong carried out work worth HK$53.2bn (£4.6bn) in the fourth quarter of 2014, up 9.7% in nominal terms on the previous year.

The figures from the Census & Statistics Department record the total gross value of construction works performed by the main contractors. After discounting the effect of price changes, the total gross value rose 4.6% in real terms.

The gross value of construction works performed at private-sector sites totalled HK$14.9bn, up 8.1% in nominal terms

For public sector sites, the value increased 6.1% in nominal terms to HK$18bn. In real terms it increased 1.0%.

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