Results of construction sector survey 2015

Information from the Statistics and Census Service (DSEC) indicated that Total Receipts (comprising Value of Construction Work Done and Other Receipts) of the Construction Sector increased by 17.8% year-on-year to MOP93.35 billion in 2015, underpinned by the ongoing construction of large-scale hotels and entertainment facilities, of which Value of Construction Work Done rose by 18.0% to MOP92.23 billion. Intermediate Consumption (MOP69.83 billion) and Labour Cost (MOP14.52 billion) went up by 14.4% and 28.0% respectively. Gross Surplus, which equals Total Receipts less Intermediate Consumption and Labour Cost, increased by 31.1% year-on-year to MOP9.00 billion. Gross Value Added that measures the sectoral contribution to the economy totalled MOP23.52 billion, up by 29.2%. A total of 2,750 establishments were operating in the Construction Sector in 2015, an increase of 117 year-on-year; number of persons engaged rose by 5,593 to 50,961. There were 1,236 establishments engaging in construction projects with permits and 1,514 undertaking simple renovation projects. For establishments engaging in construction projects with permits, Total Receipts (MOP90.49 billion), Value of Construction Work Done (MOP89.39 billion) and Intermediate Consumption (MOP68.04 billion) increased by 19.0%, 19.2% and 15.0% respectively year-on-year, spurred by the construction of hotels and entertainment facilities of gaming enterprises in Cotai. Gross Surplus (MOP8.70 billion) rose by 32.5% year-on-year, Gross Value Added (MOP22.45 billion) grew by 32.9%, and Gross Fixed Capital Formation (MOP336 million) went up by 26.8%. A total of 1,377 construction projects with permits were carried out in 2015, an increase of 108 year-on-year; number of private construction projects (906) rose by 133 and that of public works (471) dropped by 25. Value of Construction Work Done by the private sector increased by 18.4% year-on-year to MOP79.21 billion, of which value of construction of hotels and entertainment facilities (MOP60.70 billion) rose by 13.8%, and that of private residential buildings (MOP15.73 billion) grew by 47.6% following a decline in 2014. On the other hand, Value of Construction Work Done by the public sector increased by 25.4% year-on-year to MOP10.19 billion, driven by a 63.2% growth in value of construction of Light Rapid Transit (LRT) & Roads (MOP2.53 billion) owing to the speeding up of construction works for the LRT Taipa and Cotai sections; meanwhile, value of construction of public housing decreased by 5.0% to MOP2.17 billion. Analysed by location, a total of 1,027 construction projects were carried out in the Macao Peninsula, and Value of Construction Work Done increased by 28.8% year-on-year to MOP14.30 billion. The growth was mainly due to a 118.5% surge in value of construction in the Parish of N.a Sr.a de Fátima (MOP7.83 billion), including private residential construction in Areia Preta, as well as public housing and school construction in Fai Chi Kei & Ilha Verde. Meanwhile, 85 projects were carried out in Cotai, with Value of Construction Work Done rising by 10.2% year-on-year to MOP55.02 billion. Moreover, 109 projects were in Coloane, consisting mainly of hotel and private residential projects, and Value of Construction Work Done rose by 64.6% year-on-year to MOP12.16 billion. As regards establishments undertaking simple renovation projects, Total Receipts (MOP2.86 billon), Value of Construction Work Done (MOP2.84 billion), Intermediate Consumption (MOP1.79 billion) and Gross Value Added (MOP1.06 billion) decreased by 10.6%, 9.9%, 4.9% and 18.7% respectively year-on-year; meanwhile, Gross Surplus rose slightly by 0.3% to MOP294 million.