Background

In response to Industry’s needs, the CIC has been providing a 10-year forecast of the construction expenditure in Hong Kong on a half yearly basis since 2012 for industry stakeholders’ overall resource planning and management. The forecast covers the Building sector, Infrastructure sector, Electrical and Mechanical sector, and the Repair, Maintenance, Alteration and Addition sector, in both the public and private domains.

A Task Force on Construction Expenditure Forecast was formed to review the 10-year construction expenditure forecast and provide advice.

Terms of Reference of the Task Force

• To review and provide advice on enhancing the methodology for forecasting the construction expenditure in Hong Kong;

• To provide relevant information and insights contributed to the 10-year forecast on the construction expenditure in Hong Kong; 

• To present the 10-year construction expenditure forecast to the Committee on Construction Procurement for approval.

   

Membership