Here are the five largest construction projects initiated in Europe during Q3 2022, according to GlobalData’s construction projects database.
1. Seine Nord Europe Canal – $6,050m
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The project involves the construction of a 107.4km long canal between Oise (Compiègne) and Aubencheul-au-Bac in France.
Construction work started in Q3 2022 and is expected to be completed in Q4 2030.
The purpose of the project is to link the France’s Seine River to Belgium, Germany and the Netherlands to transport about 13 million tons of cargo by river, the equivalent of 500,000 trucks per year thereby reducing CO2 emissions in the region.
2. Andorra Wind And Solar Power Complex 1829.41 MW – $1,700m
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By GlobalDataThe project involves the construction of a solar and wind power complex in Andorra, Teruel, Aragon, Spain.
Construction work commenced in Q3 2022 and is expected to finish in Q4 2026.
The project’s aim is to meet the growing requirements for electricity in the region.
3. Surgut Ob River Second Road Bridge – $1,054m
The project involves the construction of the 1.7km second bridge over the river Ob in Surgut GRES, Russia
Construction work started in Q3 2022 and is forecast to complete in Q4 2026.
The aim of the project is to reduce traffic on the bridge over the river Ob.
4. Trinity Way Residential Towers – $1,010m
The project involves the construction of four towers ranging from 39 to 60 stories in two plots with a total of 1,950 apartments in Manchester, the UK.
Construction work commenced in Q3 2022 and is expected to be completed in Q1 2031.
The project aims to provide better residential facilities in the region.
5. Saratov Western Bypass Railway Junction – $885m
The project involves the construction of a 69 km railway bypass hub in Saratov, Russia.
Construction work started in Q3 2022 and is expected to be completed in Q4 2025.
The purpose of the project is to cater to the growing transport requirements and to enhance the transit for freight trains through the city.
Methodology:
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.
Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.
