Construction Work Orders
Commentary | Contents |
New construction work orders
In the 4 th quarter 2005 construction enterprises contracted 24 447 new construction work orders, worth about CZK 63.6 billion, which translates into an increase of 0.4 % y-o-y. Also change of structure expressed thanks considerable decrease of new orders in the civil engineering works and in the water management works.
By types of construction the value of new domestic orders:
- increased in the construction of non-residential buildings not designed for production by 71.8 %;
- increased in residential buildings by 29.1 %;
- increased in the construction of non-residential buildings designed for production by 13.5 %;
- decreased in the civil engineering works by 33.7 %;
- decreased in the water management works by 29.5 %.
The increase of value of newly concluded orders for non-residential buildings not designed for production in the 4th quarter 2005 compared to the same period in 2004 was influenced by low reference basis in private as well as public orders (by 87.8 %; by 58.8 %). In the 4th quarter 2005 orders financially demanding constructions were concluded, such as construction of social and shopping centers, construction or rather finishing of hotels and hospitals.
On the contrary decrease in value of newly concluded orders for civil engineering and water management works was influenced by high volume of concluded orders from the second to fourth quarter in 2004.
The average value of domestic new construction work orders was CZK 2.6 million and decreased by 8.7 % y-o-y.
Public and private new construction orders amounting to CZK 33.9 billion (53.3 %) and CZK 29.7 billion (46.7 %) respectively. The number of new work orders is 24 447 most of them are private orders 61.1 %.
The number of construction work orders cancelled in the 4th quarter 2005 was 169, worth about CZK 0.7 billion.
The value of construction work order
The linear relation between value of construction order and construction enterprises exists. Primarily the big enterprises realise big construction orders, which are capable of guarantying of construction complexly on technology level.
The progress schedule for completion of construction work orders in the CR
From the total number of orders 15.5 thousands it will be realised 93.9 % in next 12 months, which is the same y-o-y. This indicator move above 90 % in the long term. During the next first 6 months it will be realised 80.0 % from total number work orders.
From the total value of orders amounting to CZK 194.0 billion it will be realised 76.4 % in next 12 months, in comparison with 4 th quarter 2004 it is increase about 10.4 percentage point. During the next first 6 months it will be realised 44.2 % from total value work orders.
In 2005, construction enterprises contracted 93 602 new construction work orders (increased by 8.9 % y-o-y), worth about CZK 248.8 billion (decreased by 10.1 % y-o-y).
The average value of domestic new construction work orders was CZK 2.7 million in 2005.