The construction market in Europe is forecasted by GlobalData to decline by 2.8% in real terms in 2024, having grown by 1.1% in 2023. A key growth market will be the infrastructure market, with output rising by 0.9% 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 Europe’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. Station Road-Gauselvagen
The project involves the construction of a 2.5km road between Oslo and Rogaland in Norway.
Construction work started in Q3 2024 and is expected to be completed in Q1 2026.
The aim of the project is to provide a bus route between the regions to provide safe and fast travel. Buy the profile here.
2. Moscow to Domodedovo Airport Toll Road Development
The project involves the construction of two-lane road with a length of 3.9km between Moscow and Domodedovo Airport, Russia.
Construction work commenced in Q3 2024 and is expected to finish in Q4 2026.
The purpose of the project is to reduce traffic congestion and travel time between Moscow and Domodedovo Airport. Once the project is completed, it will be one of the fastest tracks in Russia. Buy the profile here.
3. Beveren Tunnel Renovation
The project involves the renovation of the Beveren Tunnel in Beveren, Antwerp, Belgium.
Construction work started in Q3 2024 and is forecast to complete in Q3 2025.
4. Hardwald Schaffhauser Road Expansion
The project involves the expansion of the Schaffhauser road in Hardwald, Zurich, Switzerland.
Construction work commenced in Q3 2024 and is expected to be completed in Q3 2026.
The project aims to enhance the road infrastructure in order to reduce the traffic congestion. Buy the profile here.
5. Strelka Interchange Reconstruction
The project involves the reconstruction of the Strelka interchange in Saratov, Russia.
Construction work started in Q3 2024 and is expected to be completed in Q4 2026.
The project aims to improve the transport infrastructure in the region for a steady flow of traffic. 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.
