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Australia: Five Largest Construction Projects Started in Q4 2022

  • With a project value of $7,330 million, the NSW Transport – Sydney North-South Rail Link – New South Wales project was the largest construction project in Australia, on which construction started in Q4 2022. The NSW Transport – Sydney North-South Rail Link – New South Wales project is located in Sydney, Australia and initially announced in Q2 2016 with an estimated completion in Q2 2035. The BHP – Port Hedland Inner Harbor Debottlenecking – Western Australia project was the second-largest project with a project value of $2,000 million, on which construction work started in Q4 2022. The BHP – Port Hedland Inner Harbor Debottlenecking – Western Australia project is located in Port Hedland, Australia and initially announced in Q1 2014 with an estimated completion in Q4 2025.

  • The PLA ACT – Canberra Light Rail Development – Australian Capital Territory project was the third-largest project, the Landcom/ Sydney Metro – The Hills Showground Station Precinct Mixed-Use Complex – New South Wales was the fourth-largest project, and the Iluka Resources – Eneabba Rare Earth Refinery: Phase III – Western Australia was the fifth-largest project with a project value of $1,051 million, $775 million and $749 million respectively. The PLA ACT – Canberra Light Rail Development – Australian Capital Territory project located in Canberra, Australia was announced in Q3 2011 with an estimated completion in Q4 2024, the Landcom/ Sydney Metro – The Hills Showground Station Precinct Mixed-Use Complex – New South Wales project located in Sydney, Australia was announced in Q2 2018 with an estimated completion in Q4 2025 and the Iluka Resources – Eneabba Rare Earth Refinery: Phase III – Western Australia project located in Perth, Australia was announced in Q1 2020 with an estimated completion in Q4 2025.

  • Among the five largest projects, the NSW Transport – Sydney North-South Rail Link – New South Wales project is the longest in terms of completion date, with construction expected to be completed in Q2 2035. On the other hand, the PLA ACT – Canberra Light Rail Development – Australian Capital Territory project is the shortest in terms of completion date, with construction expected to be completed in Q4 2024.

Australia: Five Largest Construction Projects Started in Q4 2022

Published: July 2022
Source: GlobalData

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