Release No: 21, 2013
28th March 2013
December Quarter 2012
An estimated $70.5 million worth of construction work was put in place during the December quarter of 2012. The amount is $2.2 million or 3.2 per cent higher than the September quarter of 2012 and a $5.0 million or 7.6 per cent higher than the December quarter of 2011.
The value of work carried out for the Private Sector was $48.0 million with the remaining $22.5 million for the General Government.
These are findings from the 2012 December Quarter survey covering enterprises engaged in construction work for both the Private Sector and the General Government. Further details follow.
NEW BUILDINGS AND CAPITAL REPAIRS
The value of work put-in-place for New Buildings and Capital Repairs was $29.0million, an increase of $0.8 million or 2.9 per cent compared to the September quarter of 2012 and also a $0.3 million or 1.1 per cent increase over the December quarter of 2011. The value of work put in place for Non-residential Buildings and Residential Buildings were $23.8 million and $5.2 million respectively. These were mainly for construction work on Commercial Buildings, Shops, Religious and Educational Institutions.
CURRENT REPAIRS AND MAINTENANCE
For current repairs and maintenance, 99.0 per cent of the value of work done was for the Private Sector and 1.0 per cent for the General Government. Of the total estimated value of work put in place of $9.2 million, 20.5 per cent were for Residential
CIVIL ENGINEERING WORKS
For Civil Engineering Works, 34.4 per cent of the value of work done was for the Private Sector and 65.6 per cent for the General Government. Of the total estimated value of work put in place of $32.3 million, 30.9 per cent were for earthmoving works, 62.2 per cent were for roads and bridges works and 6.9 per cent were for other types of work.
The estimated total value of work put-in-place for 2012 was $277.6 million, an increase of $20.5 million or 8.0 per cent when compared to the previous year.
The increase is mainly due to civil engineering works carried out to repair and upgrading of roads around the country.
Current Repairs and Maintenance decreased by $3.3 million or 8.2 per cent.
Construction work done for the private sector decreased by $28.4 million or 12.5 per cent while an increase of $48.9 million or 160.2 per cent was recorded for General Government work.
For further enquiries please contact Mr. Asaeli Rokovada on 331 5822 ext 132.
The Quarterly Construction Survey for March Quarter 2013 will be available on 28th June 2013.