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 educational building construction projects that were initiated in Q3 2024, according to GlobalData’s construction projects database.
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1. Guangdong Provincial Committee of CPC Party School New Campus
The project involves the construction of a school on a 352,060m2 GFA in Huangpu District, Guangzhou, Guangdong, China.
Construction work started in Q3 2024 and is expected to be completed in Q4 2026.
2. Waseda University Waseda Campus E Building
The project involves the construction of a 33,365m2, 72m-tall, 16-story above-ground two-story and bellow-ground campus building on 7.36ha of land in Tokyo City, Toyou Prefecture, Japan.
Construction work commenced in Q3 2024 and is expected to finish in Q2 2027.
The concept of the project is to express a new modern Waseda Forest. It will adopt a method called biophilic design which incorporates natural elements into buildings and spaces by planting trees around the outside and inside the building.
3. Kobe City Second School Lunch Center
The project involves the construction of a 6,800m2, two-story school lunch center on 1.5ha of land in Sanuki City, Kagawa Prefecture, Japan.
Construction work started in Q3 2024 and is forecast to complete in Q1 2026.
The project aims to provide better school lunches in the city with a cooking capacity of up to 15,000 meals a day.
4. East China Normal University Pinghu School
The project involves the construction of a school on a site area of 8ha and a GFA of 92,000m2 in Pinghu County of Jiaxing, Zhejiang, China.
Construction work commenced in Q3 2024 and is expected to be completed in Q4 2026.
5. Beijing Yucai School New Campus
The project involves the construction of a school on a GFA of 78,688m2 in the Xicheng District of Beijing, China.
Construction work started in Q3 2024 and is expected to be completed in Q4 2026.
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