📋 Tender Overview
The total gross value of construction works GVCW performed by main contractors in the second quarter of 2026 increased by 41 in nominal terms over a year earlier to 724 billion according to the provisional results of the Quarterly Survey of Construction Output released today September 10 by the Census and Statistics Department CSD
After discounting the effect of price changes the provisional results showed that the total GVCW performed by main contractors increased by 22 in real terms over the same period GVCW in real terms is derived by deflating the corresponding nominal value with an appropriate price index to the price level in the base period of 2000
Analysed by type of construction works the GVCW performed at private sector sites totalled 175 billion in the second quarter of 2026 up by 10 in nominal terms over a year earlier In real terms however it slightly decreased by 08 The GVCW performed at public sector sites increased by 62 in nominal terms over a year earlier to 336 billion in the second quarter of 2026 In real terms it increased by 25
The GVCW performed by main contractors at locations other than construction sites amounted to 212 billion in the second quarter of 2026 up by 33 in nominal terms over a year earlier In real terms it increased by 48 Construction works at locations other than construction sites included minor new construction activities and decoration repair and maintenance for buildings and electrical equipment installation and maintenance works at locations other than construction sites
Analysed by major enduse group the GVCW performed at construction sites in respect of residential buildings projects amounted to 223 billion in the second quarter of 2026 up by 70 in nominal terms over a year earlier Over the same period the GVCW performed at construction sites in respect of transport projects slightly increased by 03 in nominal terms to 83 billion in the second quarter of 2026
On a seasonally adjusted quartertoquarter basis the GVCW performed by main contractors remained virtually unchanged in nominal terms but slightly decreased by 07 in real terms in the second quarter of 2026 compared with the first quarter of 2026
Table 1 shows the provisional figures on the GVCW performed by main contractors in the second quarter of 2026 Table 2 shows the revised figures for the first quarter of 2026
Owing to the widespread subcontracting practices in the construction industry a construction company can be a main contractor for one contract and a subcontractor for another contract at the same time The GVCW performed by main contractors covers only those projects in which the construction company takes the role of a main contractor but not projects in which it takes only the role of a subcontractor However subcontractors contribution to projects should have been included in the GVCW performed by main contractors for whom they worked
The classification in the construction sector follows the Hong Kong Standard Industrial Classification Version 20 which is used in various economic surveys for classifying economic units into different industry classes
More detailed statistics are given in the Report on the Quarterly Survey of Construction Output Users can browse and download this publication at the website of the CSD wwwcenstatdgovhkenEIndexbySubjecthtmlpcodeB1090002scode330
For enquiries about the survey results please contact the Construction and Miscellaneous Services Statistics Section of the CSD Tel 3903 6965 email buildingcenstatdgovhk
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