According to GlobalData, the value of China construction market is forecast to grow by 4.4% in real terms in 2024, having grown by 4.4% in 2023. A key growth market will be the infrastructure market, with output rising by 18.0% 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 the top five commercial and leisure construction projects that commenced in China in Q4 2024, according to GlobalData’s construction projects database.
1. Hohhot Data Center
The project involves the construction of a computing power center on a 50ha site area in Horinger New Area, Hohhot City, Inner Mongolia Province.
Construction work started in Q4 2024 and is expected to be completed in Q2 2028.
2. Horqin Computing Data Center
The project involves the construction of an intelligent computing center on 49.8ha of land in Horqin New District of Inner Mongolia.
Construction work commenced in Q4 2024 and is expected to finish in Q4 2027.
3. Gui’an New Area Data Center
The project involves the construction of a data center with a 430,000m2 gross floor area (GFA) in Gui’an New Area, Guizhou.
Construction work started in Q4 2024 and is forecast to complete in Q2 2027.
4. Wuhu Computing Power Industrial Park
The project involves the construction of a computing power industrial Park on 18ha of land at Sanshan Economic Development Zone in Wuhu, Anhui.
Construction work commenced in Q4 2024 and is expected to be completed in Q2 2028.
5. Wuhu Data Center
The project involves the construction of a data center on a 6.43ha site area with the installation of 7,815 racks comprising 1,278 7kW intelligent computing racks and 6,537 7kW general computing racks in Wuhu, Anhui.
Construction work started in Q4 2024 and is expected to be completed in Q1 2028.
For more details on the latest construction projects, buy the profiles here.
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