Author Archives: hksar gov

     The total gross value of construction works (GVCW) performed by main contractors in the first quarter of 2024 increased by 8.7% in nominal terms over a year earlier to $68.7 billion, according to the provisional results of the Quarterly Survey of Construction Output released today (June 13) by the Census and Statistics Department (C&SD).
 
     After discounting the effect of price changes, the provisional results showed that the total GVCW performed by main contractors increased by 8.4% 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 $21.8 billion in the first quarter of 2024, up by 20.8% in nominal terms over a year earlier. In real terms, it increased by 18.3%. The GVCW performed at public sector sites increased by 9.5% in nominal terms over a year earlier to $25.5 billion in the first quarter of 2024. In real terms, it increased by 7.8%.
 
     The GVCW performed by main contractors at locations other than construction sites amounted to $21.4 billion in the first quarter of 2024, down by 2.2% in nominal terms compared with a year earlier. In real terms, it decreased slightly by 0.8%. 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 end-use group, the GVCW performed at construction sites in respect of residential buildings projects amounted to $20.1 billion in the first quarter of 2024, up by 48.4% in nominal terms over a year earlier. Over the same period, the GVCW performed at construction sites in respect of transport projects up by 10.4% in nominal terms to $11.0 billion in the first quarter of 2024.
 
     On a seasonally adjusted quarter-to-quarter basis, the GVCW performed by main contractors increased by 9.2% in nominal terms and 9.1% in real terms in the first quarter of 2024 compared with the fourth quarter of 2023.
 
     Table 1 shows the provisional figures on the GVCW performed by main contractors in the first quarter of 2024. Tables 2 and 3 show the revised figures for the whole year of 2023 and the fourth quarter of 2023 respectively.
 
     Owing to the widespread sub-contracting practices in the construction industry, a construction establishment can be a main contractor for one contract and a sub-contractor for another contract at the same time. The GVCW performed by main contractors covers only those projects in which the construction establishment takes the role of a main contractor, but not projects in which it takes only the role of a sub-contractor. However, sub-contractors’ contribution to projects should have been included in the GVCW performed by main contractors for whom they worked.
 
     The classification of construction establishments follows the Hong Kong Standard Industrial Classification Version 2.0, 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 C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1090002&scode=330).
 
     For enquiries about the survey results, please contact the Construction and Miscellaneous Services Statistics Section of the C&SD (Tel: 3903 6965; email: building@censtatd.gov.hk). read more

     In response to the Japanese Government’s plan to discharge nuclear-contaminated water at the Fukushima Nuclear Power Station, the Director of Food and Environmental Hygiene issued a Food Safety Order which prohibits all aquatic products, sea salt and seaweeds originating from the 10 metropolis/prefectures, namely Tokyo, Fukushima, Ibaraki, Miyagi, Chiba, Gunma, Tochigi, Niigata, Nagano and Saitama, from being imported into and supplied in Hong Kong.
 
     For other Japanese aquatic products, sea salt and seaweeds that are not prohibited from being imported into Hong Kong, the Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department will conduct comprehensive radiological tests to verify that the radiation levels of these products do not exceed the guideline levels before they are allowed to be supplied in the market.
 
     As the discharge of nuclear-contaminated water is unprecedented and will continue for 30 years or more, the Government will closely monitor and step up the testing arrangements. Should anomalies be detected, the Government does not preclude further tightening the scope of the import ban.
 
     From noon on June 12 to noon today (June 13), the CFS conducted tests on the radiological levels of 142 food samples imported from Japan, which were of the “aquatic and related products, seaweeds and sea salt” category. No sample was found to have exceeded the safety limit. Details can be found on the CFS’s thematic website titled “Control Measures on Foods Imported from Japan” (www.cfs.gov.hk/english/programme/programme_rafs/programme_rafs_fc_01_30_Nuclear_Event_and_Food_Safety.html).

     In parallel, the Agriculture, Fisheries and Conservation Department (AFCD) has also tested 50 samples of local catch for radiological levels. All the samples passed the tests. Details can be found on the AFCD’s website (www.afcd.gov.hk/english/fisheries/Radiological_testing/Radiological_Test.html).
 
     The Hong Kong Observatory (HKO) has also enhanced the environmental monitoring of the local waters. No anomaly has been detected so far. For details, please refer to the HKO’s website
(www.hko.gov.hk/en/radiation/monitoring/seawater.html).
 
     From August 24 to noon today, the CFS and the AFCD have conducted tests on the radiological levels of 58 669 samples of food imported from Japan (including 37 871 samples of aquatic and related products, seaweeds and sea salt) and 14 590 samples of local catch respectively. All the samples passed the tests. read more

The following is issued on behalf of the Hong Kong Housing Authority:

     The Subsidised Housing Committee of the Hong Kong Housing Authority (HA) today (June 13) approved the estimated public rental housing (PRH) allocation for 2024-25 and noted the actual allocation in 2023-24.

     “For the year 2023-24, the actual allocation was 23 598 flats (i.e. the number of flats taken up by applicants before the end of 2023-24), representing 97.9 per cent of the original estimate. As individual projects undertaken by Aggressive Construction Company Limited were not completed as scheduled, the number of newly completed flats was 4 500 less than the original estimate. As a result of the Housing Department’s continuous efforts in taking enhanced measures to combat abuse of public housing resources, together with the intake of new subsidised sale flats, the number of recovered flats was about 4 100 more than the original estimate of 15 600,” a spokesman for the HA said.

     “For 2024-25, we estimated that a total of about 30 200 PRH flats, comprising about 11 100 new flats and about 19 100 recovered flats, will be available for allocation to various categories of applicants. Most of the flats (i.e. 23 300 flats (77.2 per cent)) will be allocated to PRH applicants. The annual allocation quota for non-elderly one-person applicants under the Quota and Points System (QPS) is set at 10 per cent of the total number of flats to be allocated to PRH applicants with an upper limit of 2 200 flats, and therefore the allocation quota for QPS applicants in 2024-25 is 2 200 flats,” the spokesman said.

     As regards allocation for other categories of applicants, the HA will reserve 1 200 flats for rehousing residents affected by clearance projects planned by various departments, and residents affected by other Government’s squatter clearances, emergency clearances, unauthorised rooftop structure clearances and so forth. Moreover, 300 flats will also be set aside for rehousing residents affected by the Urban Renewal Authority’s redevelopment projects scheduled for 2024-25.

      In addition, 700 flats will be reserved for allocation under the category of Compassionate Rehousing (CR). This figure is not an upper limit and the HA will follow the established policy to handle all the demands for CR as recommended by the Social Welfare Department. Any unused flats reserved under the category of CR will be allocated to PRH applicants.

      Under the category of Transfers, 3 700 flats will be used for various transfer purposes in 2024-25, among which 1 100 flats will be used for the transfer of under-occupation households so that more large flats can be recovered for easing the pressing demand of applicants with four or more household members. Moeover, as with last year, the HA will reserve a quota of around 1 000 for the Transfer Scheme for Improving the Living Environment in 2024-25. The remaining 1 600 flats will be flexibly deployed for other transfer purposes including Special Transfer, the Harmonious Families Transfer Scheme, the Full Rent Exemption Scheme for Elderly Households, Management Transfer, etc.

      For the category of Junior Civil Servants and Pensioners, as in 2023-24, the HA will reserve 1 000 flats under the Civil Service Public Housing Quota Scheme in 2024-25.

     “The HA will make projections of the supply of PRH flats that can be allocated in the coming year and how such flats may be allocated to the various categories of demands. We will closely monitor any changes in the circumstances and will maintain flexibility in the allocation of PRH flats to optimise the use of resources,” the spokesman added.

     (Please refer to the attached table on the breakdown of estimated allocations for various categories in 2024-25.) read more

     The effective exchange rate index for the Hong Kong dollar on Thursday, June 13, 2024 is 106.3 (down 0.1 against yesterday’s index). read more

     Following is the speech by the Acting Commissioner for Tourism, Ms Joanne Chu, at the Opening Ceremony of the 38th International Travel Expo and the 19th MICE Travel Expo:

Mr Tong (Founder and Managing Director of TKS Exhibition Services, Mr Tong Kam-shing), distinguished guests, ladies and gentlemen, friends of Hong Kong,

     First of all, thank you so much for having me today. It is my great honour to participate in the Opening Ceremony of the International Travel Expo and MICE Travel Expo event. And may I also extend a warm welcome to all of you to Hong Kong. 歡迎我們內地的朋å�‹åˆ°é¦™æ¸¯ä¾† (Our friends from the Mainland, welcome to Hong Kong). I remember there is a very famous book about travel around the world in 80 days. But now I can tell you, you can just do it in one day. The trick, of course, is to come and visit the International Travel Expo. So I would like to extend my heartfelt congratulations to KS and your team for staging such a wonderful event in Hong Kong about tourism because right now we are promoting tourism everywhere. 

     So back to the Travel Expo this year. I know the theme this year is “Forward to Full Recovery”. I think in Hong Kong, we have a very good story to tell. First of all, in terms of the tourism figures, following the resumption of normal travel between Hong Kong and the rest of the world, we have been seeing a very good trend of recovery of our tourism market. 

     Just take 2023 as an example. We received 34 million visitors coming from all over the world. And just in the first five months of 2024, we have already welcomed 18 million visitors coming to Hong Kong from different parts of the world, representing an increase of 78 per cent, compared to the same period of 2023. And we are confident that the increasing trend will continue because thanks to the support of the Central Government, we are welcoming more and more Mainland visitors to Hong Kong under the Individual Visit Scheme, which has recently been expanded to cover 59 Mainland cities, including all the provincial capitals on the Mainland. Under the Scheme, it will be more convenient and much easier for our Mainland friends to come and visit Hong Kong.

     Besides, we are also stepping up our efforts to reach out and expand our new source market, including the Middle East and the Muslim market. So we stand ready to welcome our friends from different parts of the world to come to Hong Kong. So please ask your friends to come to Hong Kong; share your unique experience here in your social media to attract them to come.

     In fact we know that to sustain the momentum, we have to diversify our tourism products to enrich our tourism offerings. Actually in the past few years, apart from enhancing our very famous local attractions – the two theme parks, the Peak, etc – we have been putting a lot of efforts in developing the thematic tour experiences to our visitors. 

     Just take the work of the Tourism Commission as an example. We launched two signature projects in the past few years. One is called the Sai Kung Hoi Arts Festival. I’m sure most of you will know that Sai Kung is the back garden of Hong Kong. If you have a chance to visit Sai Kung, I strongly encourage you to go there to see the paradise of our city. The idea of the Arts Festival is to connect the beautiful islands of Sai Kung together with arts and culture. Imagine – on one hand, you are enjoying the beautiful sunshine and beautiful natural scenery, and on the other hand, you can immerse yourselves in art installations and different cultural activities. So is it amazing? Sounds very attractive, right? I think I should have something back from all of you here. The upcoming Sai Kung Hoi Arts Festival this year will start in November in Hong Kong. Please stay tuned for this.

     Another signature project that my office is doing is what we called the Design District Hong Kong, #ddHK in short. Again, our idea is to connect the local neighbourhood with arts and culture to showcase the local characteristics. We will have art installations by different artists, and also different cultural activities for visitors and locals to join. We have done the #ddHK in Central and Sham Shui Po before. This year, we will bring that to the New Territories, in Tsuen Wan and Sha Tau Kok, two other emerging tourist destinations to Hong Kong. The #ddHK, again, will come in the fourth quarter of this year. Please also stay tuned for this event.

     Ladies and gentlemen, just the efforts of the Government, of course, isn’t enough. We have to count on our trade. That’s why we have been working very closely with the Travel Industry Council to encourage our local industry practitioners to develop more thematic tours covering local heritage, culture, the rich history of Hong Kong, and even blue and green tourism, so that when visitors come to Hong Kong, through taking part in these thematic tours, they can get a taste of the authenticity, vibrancy, energy and rich culture of the city and, of course, experience the East-meets-West culture of Hong Kong. 

     Of course I know that just the product is not enough. We have to continue organising different types of exciting and special events for our visitors. Talking about events, there is one event I think you can’t afford to miss, which is the upcoming International Dragon Boat Race, to be held this weekend at the Tsim Sha Tsui Promenade. This is a carnival-like event combining local heritage. Of course, it’s the legendary dragon boat race, entertainment, sports and tourism. I look forward to seeing you there at the Tsim Sha Tsui Promenade this weekend, because the Hong Kong Tourism Board will also have the Summer Chill Food Lane there, where you can enjoy a variety of local delicacies. 

     Apart from the dragon boat race, we have already scheduled over 210 events for the rest of the year in Hong Kong. Right now we are also having the Volleyball Nations League in Hong Kong. So do buy a ticket and support the volleyball teams that you like. Besides, if you are arts and culture lovers, right now we are having the Chinese Culture Festival and, later on, the International Arts Carnival. If you are a fan of comics, I am sure the 100% Doraemon and Friends Tour will be your cup of tea. If you are a foodie, no worries, do come and enjoy the Wine and Dine Festival to be held in October this year in Hong Kong.

     Ladies and gentlemen, I am sure with the support of the Hong Kong Government and the efforts from all of us here, we can take the next step forward of the tourism industry and bring the industry to a new height. Once again, thank you so much for having me. I wish the twin expo another year of great success. Good health and prosperity to all of you here. Thank you so much. read more