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

Australia: Five Largest Streets, Parkways & Highways Construction Projects Started in Q1 2022

  • With a project value of $186 million, the RMS – Prospect Highway Upgrade: Reservoir Road to St Martins Crescent – New South Wales project was the largest Streets, Parkways & Highways construction project in Australia on which construction started in Q1 2022. The RMS – Prospect Highway Upgrade: Reservoir Road to St Martins Crescent – New South Wales project is located in Australia and initially announced in Q1 2012 with an estimated completion in Q4 2024. The TfNSW – Heathcote Road Upgrade: Hammondville to Voyager Point – New South Wales project was the second-largest project with a project value of $135 million, on which construction work started in Q1 2022. The TfNSW – Heathcote Road Upgrade: Hammondville to Voyager Point – New South Wales project is located in Australia and initially announced in Q2 2015 with an estimated completion in Q4 2024.

  • The DoTMR – Indooroopilly Roundabout Upgrade – Queensland project was the third-largest project, the VicRoads – Western Port Highway Upgrade – Victoria was the fourth-largest project, and the TfNSW – Stacey Street Upgrade – New South Wales was the fifth-largest project with a project value of $131 million, $82 million and $37 million respectively. The DoTMR – Indooroopilly Roundabout Upgrade – Queensland project located in Australia was announced in Q2 2020 with an estimated completion in Q4 2024, the VicRoads – Western Port Highway Upgrade – Victoria project located in Australia was announced in Q1 2014 with an estimated completion in Q4 2022 and the TfNSW – Stacey Street Upgrade – New South Wales project located in Australia was announced in Q1 2020 with an estimated completion in Q2 2023.

  • Among the five largest projects, the TfNSW – Heathcote Road Upgrade: Hammondville to Voyager Point – New South Wales project is the longest in terms of completion date, with construction expected to be completed in Q4 2024. On the other hand, the VicRoads – Western Port Highway Upgrade – Victoria project is the shortest in terms of completion date, with construction expected to be completed in Q4 2022.

Australia: Five Largest Streets, Parkways & Highways Construction Projects Started in Q1 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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