The construction market in Asia Pacific is forecasted by GlobalData to grow by 3.7% in real terms in 2024, having grown by 3.9% in 2023. A key growth market will be the infrastructure market, with output rising by 11.9% 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.
Here are Asia Pacific’s five largest road infrastructure construction projects that were initiated in Q4 2024, according to GlobalData’s construction projects database.
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1. G0611 Chuanzhusi to Wenchuan Expressway
The project involves the construction of a 200.60km expressway from Chuanzhusi to Wenchuan in Sichuan, China.
Construction work started in Q4 2024 and is expected to be completed in Q4 2027.
2. Guangzhou North Second Ring Expressway Reconstruction and Expansion
The project involves the construction of the 38.30km Guangzhou Second Ring Road Reconstruction Expressway in Guangzhou, China.
Construction work commenced in Q4 2024 and is expected to finish in Q4 2028.
The project aims to build an expressway to increase highway mobility and reduce traffic, travel times, and distances. Buy the profile here.
3. Dongzhi-Poyang Expressway: Anhui Section
The project involves the construction of a 53.32km highway from Dongzhi to Poyang: Anhui Section in Anhui, China.
Construction work started in Q4 2024 and is forecast to complete in Q4 2027.
4. Mamre Road Upgrade
The project involves the upgrade of 10km of Mamre Road from M4 Motorway to Kerrs Road in New South Wales, Australia.
Construction work commenced in Q4 2024 and is expected to be completed in Q4 2029.
The upgrade is part of a plan to progressively upgrade arterial roads in western Sydney to deliver a more efficient, reliable network that meets the future needs of the community and the economy. Buy the profile here.
5. Ghaziabad to Kanpur Expressway Development
The project involves the construction of a 380km long four-lane highway from Ghaziabad to Kanpur, Uttar Pradesh, India.
Construction work started in Q4 2024 and is expected to be completed in Q4 2026.
The project passes through the Aligarh, Bulandshahr, Kasganj, Kannauj, Kanpur, Farrukhabad, Unnao, and Hapur districts in western Uttar Pradesh. Buy the profile here.
For more details on the latest construction projects, buy the profiles here.
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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
