PUBLISHER: GlobalData | PRODUCT CODE: 1861088
PUBLISHER: GlobalData | PRODUCT CODE: 1861088
This report provides a detailed analysis of port construction projects globally, based on projects tracked by GlobalData.
GlobalData is currently tracking port construction projects globally, from the early pre-planning stages (of announcement and study) through to execution, with a combined value of $528 billion. The largest overall pipeline is in South-East Asia, totaling $119.5 billion, of which $46.8 billion is already in the execution stage. The pipeline of projects in South Asia accounts for the second largest pipeline with a total value of $77.3 billion. This was followed by projects from Middle East and North Africa (MENA) and Sub-Saharan Africa valued at $67.5 billion and $52.3 billion respectively, accounting for 83.4% and 49.7% of projects at the execution stage. The global pipeline is dominated by projects in the later stages of development, with 58.6% of projects either in the pre-execution or execution stage, amounting to $309.6 billion in total value. Of this amount, $235.5 billion is in the execution stage and $74.1 billion is in the pre-execution stages (comprising design, tender and award). Projects in the early stages account for 41.4% of the pipeline by value reflecting projects in the pre-planning and planning stages.