The global construction market is forecasted by GlobalData to grow by 1.8% in real terms in 2024, having grown by 1.7% in 2023. While the residential construction market in many countries will decline, this will be offset by high growth in the infrastructure sector, with output rising by 8.3% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Driving growth in the market in 2022 and over the remainder of the decade are a potential 135 mega hydroelectric projects, costing over $100m each. Here are the largest educational building construction projects initiated globally in Q4 2024, according to GlobalData’s construction projects database.
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1. Shanghai Jiao Tong University Chongming Campus
The project involves the construction of an university campus in Chongming District, Shanghai City, China.
Construction work started in Q4 2024 and is expected to be completed in Q4 2027.
2. Veterinary Medicine School
The project involves the construction of a college of veterinary medicine in Clemson, South Carolina, the US.
Construction work commenced in Q4 2024 and is expected to finish in Q4 2026.
3. Travis Early College High School Modernization
The project involves the modernization of a high school in Texas, the US.
Construction work started in Q4 2024 and is forecast to complete in Q4 2028.
The project aims to improve students’ lives educate them and prepare them for the future by creating modernized learning spaces. Buy the profile here.
4. Durham School of the Arts
The project involves the construction of a new Durham School of the Arts facilities on 21.8ha of land in North Carolina, the US.
Construction work commenced in Q4 2024 and is expected to be completed in Q4 2026.
The project aims to provide better education facilities in the region.
5. Waldau Open School
The project involves the construction of Waldau Open School at Stegerwaldstr. 45 in Kassel, Hesse, Germany.
Construction work started in Q4 2024 and is expected to be completed in Q2 2027.
The project aims to build a school facilities with modern facilities in order to meet the growing demand for an educational facilities with the latest standards.
For more details on the latest construction projects, buy the profiles here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
