Here are the five largest construction projects initiated in Australia during Q3 2022, according to GlobalData’s construction projects database.
1. Western Harbour Tunnel and Beaches Link – $10,938m
The project involves the construction of a twin, three-lane 6.5km road tunnel connecting Rozelle to Warringah Freeway and a tunnel connecting the Warringah Freeway to Balgowlah and Seaforth in Sydney, New South Wales.
Construction work started in Q3 2022 and is expected to be completed in Q4 2027.
The project aims to relieve congestion on the Harbor Bridge and Harbor Tunnel, potentially diverting around 2,000 vehicles an hour.
2. Bradfield City Center – $7,000m
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By GlobalDataThe project involves the construction of the Bradfield City Center on 114ha of land in Sydney, NSW.
Construction work commenced in Q3 2022 and is expected to finish in Q4 2026.
The project aims to provide a multi-purpose facilities in the region.
3. Jansz-Io Compression (J-IC) project – $4,000m
The project involves the modification of the existing Gorgon development of the Jansz-Io field compression on Barrow Island, the Western Australian coast.
Construction work started in Q3 2022 and is forecast to complete in Q4 2026.
The aim of the project is to provide a key source of fuel to fast-growing Asian country’s.
4. Goyder South Hybrid Renewable Energy Facility – $2,320m
The project involves the construction of a hybrid renewable energy facilities comprising a 1,200MW wind farm, 600MW solar farm and 900MW/1800MWh battery storage plant in South Australia.
Construction work commenced in Q3 2022 and is expected to be completed in Q4 2032.
The project aims to meet the growing demand for power and to generate electricity using renewable sources.
5. Clarke Creek Solar and Wind Farm 1200 MW – $2,150m
The project involves the construction of a solar and wind farm with a combined generation capacity of 1,200MW in Queensland.
Construction work started in Q3 2022 and is expected to be completed in Q4 2026.
The project site is located about 150km northwest of Rockhampton and 150km south of Mackay, close to the existing electricity grid east of Clarke Creek, and will power approximately 600,000 homes in Queensland.
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.