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 Q3 2024, according to GlobalData’s construction projects database.
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1. Singleton Bypass New England Highway
The project involves the construction of a highway section in Singleton Bypass, New South Wales, Australia.
Construction work started in Q3 2024 and is expected to be completed in Q4 2026.
The New England Highway is a part of the National Land Transport Network and is a major freight and commuter route forming part of the Sydney-Brisbane corridor. It is recognized for its strategic national importance for economic growth, development and connectivity. Buy the profile here.
2. Johor North-South Expressway Expansion
The project involves the construction of an expressway road from four to six lanes between Yong Peng Utara and Senai Utara in Johor, Malaysia.
Construction work commenced in Q3 2024 and is expected to finish in Q4 2030.
3. Shillong Western Bypass
The project involves the construction of a 37km-long two-lane Shillong western bypass from Lad Umsaw to Baniun in Shillong, Meghalaya, India.
Construction work started in Q3 2024 and is forecast to complete in Q4 2026.
The project’s main purpose is to improve the road transport network to increase vehicle-handling capacity and reduce traffic congestion.
4. Deoria Bypass Road
The project involves the construction of a 19.64km four-lane bypass in Deoria, Uttar Pradesh, India.
Construction work commenced in Q3 2024 and is expected to be completed in Q1 2028.
The project aims to provide better transport facilities and reduce traffic congestion in the region.
5. Gandhigram to Hansdiha Road Upgrade
The project involves the upgrade of a 43.2km four-lane road from Gandhigram in Godda to the Hansdiha section in Jharkhand, India.
Construction work started in Q3 2024 and is expected to be completed in Q4 2026.
The main purpose of the project is to improve the road transportation network in the state while increasing vehicle handling capacity and reducing traffic congestion. 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.
