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ALL-TIME HIGHS
CONTINUE IN SECOND QUARTER OF 2008 |
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VICTORIA – Today’s release of the quarterly Major Projects Inventory shows the number of major construction projects in B.C. has increased for the twentieth straight quarter, Technology, Trade and Economic Development Minister Ida Chong announced today.
“We are continuing to see impressive
numbers in large-scale construction projects across B.C.,” said Chong. “This is a clear signal that
According to the Major Projects Inventory, June
2008 edition:
· Eight hundred and sixty-three major capital projects, worth an estimated record $169.7 billion, were planned or underway in B.C. between April and June 2008.
· This is an increase of 30 per cent in estimated value from this time last year, when 826 major capital projects were planned or underway worth an estimated $130.2 billion.
· This is a significant increase from June 2005, when there were 626 projects planned or underway worth an estimated $78.3 billion.
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Seventeen
major projects valued at $1.3 billion started construction, with the largest
being the Royal Jubilee Hospital Patient Care Centre in
·
Thirty-three
projects valued at approximately $1.9 billion completed their construction
phase, including the
·
The
capital cost of all major projects listed under construction in
Published quarterly by the
Ministry of Technology, Trade and Economic Development, the Major Projects
Inventory lists all major projects that are proposed, planned and underway in
the province. The inventory includes
projects with a capital cost of at least $20 million within the Lower Mainland
and projects valued at $15 million or more in the rest of B.C.
The June edition of the Major Projects
Inventory is available online at www.gov.bc.ca/ecdev.
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Communications Director 250 952-0152 |
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