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 water and sewage construction projects initiated globally in Q4 2024, according to GlobalData’s construction projects database.
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1. Alkimos Seawater Desalination Plant
The project involves the construction of a 100,000,000m3 desalination plant on 140.5ha in Alkimos, Western Australia, Australia.
Construction work started in Q4 2024 and is expected to be completed in Q4 2028.
The project intends to provide additional sources of drinking water to supplement the existing metropolitan water supply. It will create 1,300 direct and indirect jobs and 155 jobs for apprentices and trainees. Buy the profile here.
2. Belmont Desalination Plant
The project involves the construction of a desalination plant with a capacity of 30MLD in Belmonte, New South Wales, Australia.
Construction work commenced in Q4 2024 and is expected to finish in Q4 2028.
It intends to meet the demand for fresh water and provide an enduring supply of water for the Lower Hunter region. It will create 215 construction jobs. Buy the profile here.
3. Cedar Rapids Water Pollution Control Facility Upgrades
The project involves the upgrade of the Cedar Rapids Water Pollution Control Facility at 7525 Bertram Road South-East in Iowa, the US.
Construction work started in Q4 2024 and is forecast to complete in Q4 2029.
4. West Parish Water Treatment Plant
The project involves the construction of a water treatment plant with a capacity of 65 million Gallons Per Day (MGD) in Westfield, Massachusetts, the US.
Construction work commenced in Q4 2024 and is expected to be completed in Q4 2028.
The main aim of the project is to replace the current facilities in Westfield that was built in the 1970s to provide the latest technology to remove contaminants from the water. Buy the profile here.
5. Midtown Area Central Auckland Wastewater Upgrade
The upgrade on a wastewater infrastructure at the midtown area of central Auckland, New Zealand.
Construction work started in Q4 2024 and is expected to be completed in Q4 2026.
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.
