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. Buji Baigelong Nine-Year School
The project involves the construction of a nine-year consistent school on a site area of 3.49ha and a 73,233m2 GFA in Shenzhen, Guangdong, China.
Construction work commenced in Q3 2024 and is expected to finish in Q4 2026.
3. Kadoma Municipal No. 4 Junior High School District Compulsory Education School Development
The project involves the construction of a 14,606m2, four-story school at 4-1 Wakita-cho, Kodama City, Osaka, Japan.
Construction work started in Q3 2024 and is forecast to complete in Q2 2026.
The Project aims at the concept of “changing the city through education,” a community collaboration laboratory will be set up on the premises where people can interact with the local community, and it will also function as a base for community development.
4. Taka Town Municipal Integrated Junior High School Development
The project involves the construction of an 11,587m2, three-story integrated junior high school on 0.35ha of land in Kishigami, Naka Ward, Taka Town, Taka District, Hyogo Prefecture, Japan.
Construction work commenced in Q3 2024 and is expected to be completed in Q2 2026.
The main focus of the project is to provide an educational environment that can accommodate future learning in a safe and secure school that is close to students a school that will serve as a base for regional collaboration, and an evacuation facilities that is resistant to disaster.
5. Loreto Normanhurst Boarding School
The project involves the construction of a new boarding school in Sydney, New South Wales, Australia.
Construction work started in Q3 2024 and is expected to be completed in Q4 2025.
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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.
