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Fiji Time: 9:13 PM on Sunday 20 April

/ Front page / Business

$2.2m drop

Elenoa Baselala
Saturday, April 14, 2012

AT least $257million worth of construction works were carried out in 2011.

And the Fiji Bureau of Statistics has labeled this a decrease of $2.2m or 0.9 per cent compared to 2010.

The decrease, it said, was due to the continuing projects from 2010 such as the FEA Dam in Nadarivatu reaching the completion stage of construction.

Work done for the private sector decreased by $9.9m while an increase of $7.7m was recorded for general government work.

An estimated $65.5million worth of construction work was done during the December quarter of 2011.

The bureau said the amount was $1.6million or 2.5 per cent higher than the earlier quarter and $0.5m or 0.8 per cent less than the corresponding quarter of 2010.

The value of work carried out in the private sector was $54.1million with the remaining $11.4m being for general government.

New buildings and capital repairs was $28.7m. The value of work put in place for non-residential buildings and residential buildings were $25.4m and $3.3m respectively.

The bureau said these were mainly for construction work on hotels, shops, religious and educational institutions.