The construction market in Asia Pacific is forecasted by GlobalData to grow by 3.7% in real terms in 2024, having grown by 3.9% in 2023. A key growth market will be the infrastructure market, with output rising by 11.9% 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 Asia Pacific’s five largest educational building construction projects that were initiated in Q2 2024, according to GlobalData’s construction projects database.
1. Newcastle High School Redevelopment
The project involves the redevelopment of Newcastle High School at Newcastle in New South Wales, Australia.
Construction work started in Q2 2024 and is expected to be completed in Q3 2026.
2. Hotel Estoril Redevelopment
The project involves the construction of a new Youth Activity Center, Tap Seac Square, Macau.
Construction work commenced in Q2 2024 and is expected to finish in Q4 2026.
The purpose of the project is to build a new Youth Activity Center and the New Macau Central Library.
3. Oi Kwan Road Special School
The project involves the construction of a special school comprising a 12-classrooms building at Oi Kwan Road in Wan Chai, Hong Kong.
Construction work started in Q2 2024 and is forecast to complete in Q4 2027.
The purpose of the project is to meet the projected long-term demand for public sector primary schools in the area.
4. Nijo Campus Second Building
The project involves the construction of an 18,636m2, seven-story above-ground and one-story bellow ground school building on 0.3ha of land in Kyoto City, Kyoto Prefecture, Japan.
Construction work commenced in Q2 2024 and is expected to be completed in Q1 2026.
5. Banan District Binjiang Road School
The project involves the construction of a school on a site area of 2.5ha with a construction area of 38,282m2 in Banan District of Chongqing, China.
Construction work started in Q2 2024 and is expected to be completed in Q4 2025.
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.
