Here are the five largest construction projects initiated in Europe during Q4 2021, according to GlobalData’s construction projects database.
1. A303/A30/A358 Road Corridor Improvement – $2,830m
The project involves the construction of a 12.8km road corridor between Taunton, Honiton and Amesbury, Somerset, the UK.
Construction work started in Q4 2021 and is expected to be completed in Q4 2026.
The aim of the project is to turn the A303 into a new strategic corridor to the South West over the next 14 years and create a new Expressway transforming connectivity to and from the South West.
2. Baltic Offshore Pipeline – $2,500m
The project involves the construction of 120km gas pipeline between Rodvig, Denmark, and Niechorze, Poland.
Construction work commenced in Q4 2021 and is expected to finish in Q4 2022.
The Baltic Pipeline project has been included on the EU’s list of important infrastructure projects which are deemed essential to the integration of the European energy networks. The project has been granted EU funds to perform a feasibility study.
3. E39 Herdal-Royskar Motorway – $2,500m
The project involves the construction of a 110km, four-lane motorway between Herdal and Royskar in Norway.
Construction work started in Q4 2021 and is forecast to complete in Q3 2025.
The aim of the project is to provide better transport facilities and reduce traffic congestion in the region
4. Husebyskogen Water Treatment Plant – $1,293m
The project involves the construction of a water treatment plant in Oslo, Norway.
Construction work commenced in Q4 2021 and is expected to be completed in Q4 2027.
The water is extracted from the Holsfjord through a long tunnel and the purified water is to be carried in a tunnel from the plant to the center of Oslo.
5. Nizhnekamsk-Naberezhnye Chelny Bypass – $1,097m
The project involves the construction of the Nizhnekamsk-Naberezhnye Chelny Bypass in Tatarstan, Russia.
Construction work started in Q4 2021 and is expected to be completed in Q4 2024.
The purpose of the project is to reduce traffic congestion in the region.
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.