Macau Construction Boom Shows no Signs of Abating



The Macau construction sector registered significant increase in all principal indicators in 2006 that was underpinned by the various large-scale construction projects in progress. In 2006, there were 1,600 establishments operating in licensed construction works, an increase of 181 establishments over 2005.

Number of persons engaged rose by 58.5% to 25,339. Gross output (total value of construction works performed and other receipts) and gross value added amounted to MOP40.36 billion and MOP7.34 billion respectively, up notably by 106.7% and 148.5% over 2005.

Total consumption of the establishments was MOP33.02 billion, of which 66.1% were payments to fee sub-contractors; 26.9% were consumption of materials, supplies and maintenance services.

In 2006, a total of 370 establishments operated as main contractors of licensed construction works, with the total census output accounting for MOP30.91 billion. Among them, 128 engaged in construction of buildings and civil engineering, with the value of census output amounting to MOP24.01 billion (77.7% of the total census output). Moreover, 71 engaged in specialized installation and their census output totalled MOP4.49 billion.

Amongst the 1,092 licensed construction projects, 531 were government projects and 561 were private construction, accounting for 12.2% (MOP4.90 billion) and 87.8% (MOP35.15 billion) of the total census output respectively.

As regard the location of construction, Macao Peninsula topped with 848 operations (77.7% of the total), of which 382 were in the parish of Sé (35.0% of the total).

Analyzed by the end-use of the completed constructions, 59 were hotels, gaming and tourism facilities, while 192 were residential purpose, which accounted for 77.5% and 6.3% of the total value of census output respectively.

(1 USD = 8 MOP)

Source: Statistics and Census Service

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