Construction output for third quarter of 2025
The total gross value of construction works (GVCW) performed by main contractors in the third quarter of 2025 decreased by 1.5% in nominal terms over a year earlier to $73.4 billion, according to the provisional results of the Quarterly Survey of Construction Output released today (December 11) 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 decreased by 5.5% 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 $16.9 billion in the third quarter of 2025, down by 18.1% in nominal terms over a year earlier. In real terms, it decreased by 20.8%. The GVCW performed at public sector sites increased by 7.7% in nominal terms over a year earlier to $34.1 billion in the third quarter of 2025. In real terms, it increased by 2.0%.
The GVCW performed by main contractors at locations other than construction sites amounted to $22.4 billion in the third quarter of 2025, slightly up by 0.7% in nominal terms compared with a year earlier. In real terms, however, it slightly decreased by 0.4%. 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 $21.3 billion in the third quarter of 2025, slightly up by 0.9% in nominal terms over a year earlier. Over the same period, the GVCW performed at construction sites in respect of transport projects down by 32.3% in nominal terms to $7.6 billion in the third quarter of 2025.
On a seasonally adjusted quarter-to-quarter basis, the GVCW performed by main contractors increased by 1.8% in nominal terms and 0.1% in real terms in the third quarter of 2025 compared with the second quarter of 2025.
Table 1 shows the provisional figures on the GVCW performed by main contractors in the third quarter of 2025. Table 2 shows the revised figures for the second quarter of 2025.
Owing to the widespread sub-contracting practices in the construction industry, a construction company 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 company 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 in the construction sector 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).
Source: AI-found images
Artists Kingsley Ng and Angel Hui to represent Hong Kong at 61st International Art Exhibition - La Biennale di Venezia
The Hong Kong Museum of Art (HKMoA), upon invitation from the Hong Kong Arts Development Council (HKADC), is collaborating with the HKADC for the first time to participate in the Collateral Event of the 61st International Art Exhibition - La Biennale di Venezia in Venice, Italy, from May to November 2026. The HKMoA and the HKADC will jointly present selected works of Hong Kong artists Kingsley Ng and Angel Hui at the exhibition to showcase Hong Kong's artistic diversity on the international stage.
Curated by the HKMoA, the exhibition explores the poetic rhythms of everyday life, engaging in a dialogue with the curatorial theme "In Minor Keys" of the 61st International Art Exhibition - La Biennale di Venezia. Drawing on familiar yet fleeting moments from daily life in Hong Kong, the exhibition guides visitors on a journey of self-discovery within the flow of life.
Born and raised in Hong Kong, the two participating artists excel in drawing inspiration from Hong Kong's cultural context and quotidian experiences, reinterpreting daily-life rhythms and aesthetics through varied mediums such as light, sound and installation. Ng, an established media artist, is known for his poetic, site-specific installations that extend the viewer's perceptions of life. His works have been presented extensively in notable exhibitions locally and internationally. Hui, a promising emerging artist, is skilled at integrating traditional Chinese cultural elements with contemporary artistic language, recreating everyday objects to evoke cross-cultural artistic possibilities. Together, the two Hong Kong artists, as keen observers of the nuances of urban daily life, are transforming their reflections into creative inspirations for connecting Hong Kong and Venice - two international metropolises from various perspectives, thereby demonstrating the vitality and accomplishment of Hong Kong art to the international audience.
Established in 1895, the International Art Exhibition - La Biennale di Venezia is the world's oldest international exhibition of contemporary visual arts. In each edition, some 100 countries and regions join the national pavilions and collateral events. Since 2001, the HKADC has been participating in the International Art Exhibition - La Biennale di Venezia through a collateral event, aiming to promote Hong Kong's art development as well as cultural exchanges at international art platforms.
To foster broader participation from fellow art practitioners and create opportunities for Hong Kong artists to advance their careers on the international stage, the selection of artists to participate in the exhibition was guided by a nomination and assessment process. The HKMoA had invited nominations from local tertiary institutions as well as professional art organisations. Artists or artist collectives directly commissioned by the museums and offices of the Leisure and Cultural Services Department (LCSD) in recent years were also included. The nomination list covered over 200 artists. A professional selection panel then shortlisted artists for the HKMoA's final consideration. The HKMoA has selected Ng and Hui from the shortlist.
The curatorial team of the HKMoA is deeply honoured to be curating the Hong Kong Exhibition at the International Art Exhibition - La Biennale di Venezia.Established in 1962, the HKMoA is the city's first public art museum. For over six decades, it has been committed to collecting and promoting Hong Kong art, as well as fostering strong collaborative relationships within the sector. It has built up a wide network and extensive experience, nurturing the growth of local artists and actively fulfilling its role as "theart museum of Hong Kong". The HKMoA expressed hope that, by joining hands with the two artists, representative Hong Kong art will be impressively brought onto the global stage.
The members of the selection panel are: Guest Professor of School of Intermedia Art of the China Academy of Art Professor Johnson Chang; Museum Expert Adviser of the LCSD Dr William Lim; Senior Advisor of the Mori Art Museum, Japan, Mr Fumio Nanjo; the Chairman of the Museum Advisory Committee of the LCSD, Professor Douglas So; Professor Wang Huangsheng from the Central Academy of Fine Arts; the Museum Director of the HKMoA, Dr Maria Mok; and the Curator (Modern and Hong Kong Art) of the HKMoA, Ms Prudence Ma.
The Hong Kong Exhibition at the 61st International Art Exhibition - La Biennale di Venezia is presented by the LCSD and the HKADC and organised by the HKMoA and the HKADC. It will be held in Venice, Italy (Campo della Tana, Castello 2126, 30122), from May 9 to November 22, 2026.
For details of the two participating artists, please refer to the Annex.
Artists Kingsley Ng and Angel Hui to represent Hong Kong at 61st International Art Exhibition - La Biennale di Venezia Source: HKSAR Government Press Releases
