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Mega Construction Projects: Top Ten Largest Construction Projects in Planning and Execution

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Mega Construction Projects: Top Ten Largest Construction Projects in Planning and Execution
Published: November 27, 2018 Content info: 40 Pages
Description

Summary:

Globally, confidence in the construction sector does not appear to be diminished by a slightly more turbulent economic context in 2018 than previously years, and some extremely large and costly projects are being delivered and planned for at present. Of note is that many of the biggest projects are occurring in developed countries, with cities such as London, Paris and Moscow featuring heavily in the list of biggest global projects.

The future pipeline for global construction looks healthy and despite incoming economic issues such as Brexit and US-China trade wars, analysts are buoyant about the prospects for the industry.

Key Highlights:

The Tel Aviv Light Rail System is a huge construction infrastructure project underway in Tel Aviv, Israel. Effectively the project is using a combination of different rapid transportation systems including over ground and underground light rail routes and joining bus networks with the aim of creating a complete mass transit system for the city using a number of transport methods.

The A101 development is a plan to boost and regenerate an area of New Moscow in the South of the city. The scheme involves building a huge array of housing, schools, infrastructure and commercial zones to rejuvenate the area and provide modern accessible housing with good transport links. Moscow has a large number of construction projects in the pipeline and whilst the Russia World Cup of 2018 contributed a great deal to its total construction projects, the city still has a great deal yet to come.

The Zayed Mixed-Use development site is further evidence of the emirate's ambitions to be one of the world's most prominent cities. This development aims to further increase the residential capacity and build an all-inclusive area that can handle the majority of residents' needs in a single area. This kind of development is hoped to work towards solving some of the city's challenges such as its rapidly growing population, expensive and unstable rent prices and concerning environmental issues caused by too much traffic.

Scope:

  • Examine the largest construction projects in the world
  • See how these projects are progressing and if they might complete or start on time
  • Discover the major trends in mega construction projects
  • See what projects are soon to finish and what are yet to come

Reasons to buy:

  • What are the top five projects in the execution phase?
  • What are the top five projects in the planning phase?
  • What are the key trends amoung these projects?
  • Are these projects facing any major problems?
Table of Contents
Product Code: ML00026-021

Table of Contents

Executive Summary

  • Tel Aviv Light Rail System is the largest global project being executed at present
  • Moscow A101 is a huge redevelopment project in the south of the city
  • Abu Dhabi Zayed Mixed-Use Development dealing with rapid population growth
  • Old Oak Common Regeneration Project is enormously complex
  • Dubai Al Maktoum International Airport project is rumored to be having problems
  • Paris Zac Bercy Charenton aims to regenerate an industrial area
  • North-East Link road is the most favored Melbourne road solution at present
  • Sydney Harbor Tunnel & Beaches link should improve traffic flow in the city
  • Birmingham Airport Expansion project is part of a wider infrastructure plan
  • Chengdu Healthcare Park may be the first of many in China

Projects are focused on residential, but the future is infrastructure

  • The top five projects in the execution stage come from Tel Aviv, Moscow, Abu Dhabi, London and Dubai
  • The top five projects in the planning stage come from Paris, Melbourne, Sydney, Birmingham and Chengdu
  • Housing for now and infrastructure for later

Tel Aviv Light Rail System is the largest global project being executed at present

  • Tel Aviv Light Rail Project is expected to cost $71-77bn
  • Three routes have been approved and are in construction and a fourth is expected to be added, with multiple tenders to become available
  • Work on Green and Purple lines was expected to start in 2018, but critics don't think that is likely
  • Problems with the project have been significant, residents' concerns dismissed

Moscow A101 is a huge redevelopment project in the south of the city

  • Moscow A101 is worth $60bn in total and aims to redevelop a substantial part of the city
  • The project has changed hands and expanded with GK Salmar now owning the development
  • Moscow is receiving significant investment attention

Abu Dhabi Zayed Mixed-Use Development dealing with rapid population growth

  • Zayed City Development is a vast project for residential and commercial sectors
  • Rapid growth is proving to be problematic for many in Abu Dhabi

Old Oak Common Regeneration Project is enormously complex

  • The UK has been a heavy spender on infrastructure projects in recent years and Old Oak Common aims to capitalize on this
  • Structural box over cross rail and HS2 site will undoubtedly have time and fiscal problems
  • Old Oak Common will become an extremely busy transport hub

Dubai Al Maktoum International Airport project is rumoured to be having problems

  • Al Maktoum is to be implemented in two phases and will be the largest airport in the world
  • Rumors of project halting appear to be unjustified, but there may be some changes

Paris Zac Bercy Charenton aims to regenerate an industrial area

  • Estimated start date for Paris Zac Bercy Charenton is early 2019
  • Paris Zac Bercy Charenton plans to be home to 15,000 Parisians
  • The project has been passed by the Paris city council but only narrowly

North-East Link road is the most favored Melborne road solution at present

  • The expected start date for the project is Q3 2020
  • The Melbourne North East Link road is aimed at alleviating congestion
  • Politicians have been fighting over various road plans in the region for years

Sydney Harbour Tunnel & Beaches link should improve traffic flow in the city

  • The expected start date for the project is Q3 2020
  • Sydney is looking to construct a road tunnel to help move traffic faster around the city
  • Congestion around Sydney is severe and this project aims to relieve this

Birmingham Airport Expansion project

  • The expected start date for the project is Q3 2025
  • Birmingham Airport expansion aims to alleviate London traffic and link to HS2
  • Governmental level disagreements have taken place over the project

Chengdu Healthcare Park may be the first of many in China

  • The expected start date for the project is Q1 2020
  • The healthcare park is going to hold multiple hospitals in one location
  • Chengdu Healthcare Park is an ambition of Wanda Group

Key Findings

Appendix

  • Sources
  • Further Reading
  • Ask the analyst
  • About MarketLine
  • Disclaimer

List of Tables

  • Table 1: Four lines of the Tel Aviv light rail system, completion dates and tenders
  • Table 2: Project planners and main contractors for A101
  • Table 3: Project planners and main contractors for Zayed City mixed use development
  • Table 4: Project Manager and Main Contractors for Old Oak Common Regeneration Project
  • Table 5: Breakdown of the two construction phases of the project

List of Figures

  • Figure 1: Global construction value and growth 2014-2022 $ bn
  • Figure 2: Top 10 world mega projects currently in execution stage in 2018, $ bn
  • Figure 3: Top 10 world mega projects currently in planning stage in 2018, $ bn
  • Figure 4: Top 50 global construction projects by type of project, $bn
  • Figure 5: Approved Red, Green and Purple routes of the Tel Aviv Light Railway
  • Figure 6: Red Line construction sites and generated images
  • Figure 7: Protest against the planned route of the Purple Line
  • Figure 8: Moscow A101 Development simulation
  • Figure 9: Moscow A101 Development
  • Figure 10: Abu Dhabi Zayed Mixed use development simulation
  • Figure 11: Highlighted area showing Zayed City within Abu Dhabi boundaries
  • Figure 12: Old Oak Common regeneration simulation
  • Figure 13: Old Oak Common Regeneration Project statistical highlights
  • Figure 14: Old Oak Common, HS2 and Cross Rail sites
  • Figure 15: Al Maktoum airport expansion simulation
  • Figure 16: Simulation of Zac Bercy Charenton Redevelopment
  • Figure 17: Estimated likelihood of project commencing on time
  • Figure 18: Breakdown of Paris Zac Bercy Charenton site allocation m2
  • Figure 19: Melbourne North-East Link Road
  • Figure 20: Estimated likelihood of project commencing on time
  • Figure 21: Melbourne North-East Link Road design
  • Figure 22: Sydney Harbor Tunnel and Beaches link map
  • Figure 23: Estimated likelihood of project commencing on time
  • Figure 24: Estimated likelihood of project commencing on time
  • Figure 25: Current plans for expansion and second runway at Birmingham Airport
  • Figure 26: Estimated likelihood of project commencing on time
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