All Posts by Danny Chung

Construction output hits $49.2b in Q1

Highest quarterly figure on record The construction industry, currently struggling under the weight of bulging order books, got the first quarter of 2014 off to flying start with the highest total for quarterly output so far

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New public works worth $16b awarded in March, April

Government continues splashing out on projects Government spending on public works is continuing unabated with over HK$16 billion worth of projects awarded in the two months to April this year. According to a recent government gazette

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Public Works Worth $5.54b awarded in February 2014

The current feverish pace in the construction industry shows no signs of let up yet with public works projects worth over HK$5 billion awarded during February this year. According to the government gazette and websites of

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Construction output hits $176b in 2013

Official figures indicate slowing rate of increase Driven by on-going government spending on public works, the construction industry continued to squeeze out a record value of output in 2013. According to recent official statistics by the

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Public works worth $3.33b awarded in Jan 2014

Govt awards $125b worth of new work in 2013 Contractors were awarded public works contracts worth totalling HK$3.33 billion in January 2014, most of which was for the government’s listed railway operator MTR Corporation (0066). According

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Industry faces a drop in value of new public works

New government projects worth $24.9b in coming year 2014-15 The construction industry is in line for a slight chill with the government cutting back on the value of new projects for the coming financial year as

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China State wins big in 2013

State-owned giant wins total $26.5b worth public works State-owned giant wins total $26.5b worth public works
Mainland contractor China State Construction Engineering (Hong Kong), 
the local subsidiary of listed mainland giant China State Construction 
International Holdings

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Should I stay or should I go?

“A new year – new career opportunities!” went the introduction to a job advertisement from financial public relations firm Hill+Knowlton Strategies in last Saturday’s Classified Post. With Chinese New Year just around the corner, no doubt

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That sinking feeling

The simple matter of installing Asia’s largest precast unit It looked straightforward enough – build a big precast unit and install it. Except that the unit was possibly Asia’s largest ever unit that had to be

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Enough RSS for public works, says Govt

But consultants keep advertising for staff Despite the ballooning workload from public works sector, there are enough Resident Site Staff (RSS) to manage and supervise the projects, according to the government. In response to enquiries regarding

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