Explore the latest trends and actionable insights on the Road Construction Projects market to inform business strategy and pinpoint opportunities and risks.

Asia-Pacific: Five Largest Streets, Parkways & Highways Construction Projects Started in Q4 2022

  • With a project value of $3,779 million, the Wenzhou Cangtai – Cangnan-Taishun Expressway – Zhejiang project was the largest Streets, Parkways & Highways project in the Asia-Pacific, on which construction started in Q4 2022. The Wenzhou Cangtai – Cangnan-Taishun Expressway – Zhejiang project is located in China and initially announced in Q1 2020 with an estimated completion in Q4 2026. The NHAI – Raipur to Visakhapatnam Expressway – Chhattisgarh project was the second-largest project with a project value of $2,687 million, on which construction work started in Q4 2022. The NHAI – Raipur to Visakhapatnam Expressway – Chhattisgarh project is located in India and initially announced in Q4 2016 with an estimated completion in Q4 2024.

  • The NHAI – NH-119D Amas-Darbhanga Expressway – Bihar project was the third-largest project, the NHAI – Kanpur-Lucknow Expressway – Uttar Pradesh was the fourth-largest project, and the Xianning Transp Bu – Chibi Yangtze River Bridge East Extension Expressway – Hubei was the fifth-largest project with a project value of $896 million, $619 million and $586 million respectively. The NHAI – NH-119D Amas-Darbhanga Expressway – Bihar project located in India was announced in Q4 2020 with an estimated completion in Q4 2024, the NHAI – Kanpur-Lucknow Expressway – Uttar Pradesh project located in India was announced in Q4 2020 with an estimated completion in Q4 2024 and the Xianning Transp Bu – Chibi Yangtze River Bridge East Extension Expressway – Hubei project located in China was announced in Q1 2019 with an estimated completion in Q4 2025.

  • Among the five largest projects, the Wenzhou Cangtai – Cangnan-Taishun Expressway – Zhejiang project is the longest in terms of completion date, with construction expected to be completed in Q4 2026. On the other hand, the NHAI – Raipur to Visakhapatnam Expressway – Chhattisgarh project is the shortest in terms of completion date, with construction expected to be completed in Q4 2024.

Asia-Pacific: Five Largest Streets, Parkways & Highways Construction Projects Started in Q4 2022

Published: July 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Road Construction Projects market to inform business strategy and pinpoint opportunities and risks. Explore the latest trends and actionable insights on the Road Construction Projects market to inform business strategy and pinpoint opportunities and risks. Visit Report Store
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