With a project value of $6,984 million, the FRTD – Foshan Metro Line 4: Phase I – Guangdong project was the largest Mass Rapid Transit / Metros construction project in China on which construction started in Q1 2022. The FRTD – Foshan Metro Line 4: Phase I – Guangdong project is located in China and initially announced in Q4 2012 with an estimated completion in Q4 2026. The SMC – Shanghai Metro Line 21: Phase I – China project was the second-largest project with a project value of $5,715 million, on which construction work started in Q1 2022. The SMC – Shanghai Metro Line 21: Phase I – China project is located in China and initially announced in Q4 2016 with an estimated completion in Q4 2027.
The SMC – Shanghai Metro Line 23: Phase I – China project was the third-largest project, the HURTC – Hefei Metro S1 Line – Anhui was the fourth-largest project, and the XRTG – Xiamen Metro Line 3: South Extension – Fujian was the fifth-largest project with a project value of $4,889 million, $3,633 million and $786 million respectively. The SMC – Shanghai Metro Line 23: Phase I – China project located in China was announced in Q1 2016 with an estimated completion in Q4 2025, the HURTC – Hefei Metro S1 Line – Anhui project located in China was announced in Q1 2018 with an estimated completion in Q4 2025 and the XRTG – Xiamen Metro Line 3: South Extension – Fujian project located in China was announced in Q4 2016 with an estimated completion in Q4 2026.
Among the five largest projects, the SMC – Shanghai Metro Line 21: Phase I – China project is the longest in terms of completion date, with construction expected to be completed in Q4 2027. On the other hand, the SMC – Shanghai Metro Line 23: Phase I – China project is the shortest in terms of completion date, with construction expected to be completed in Q4 2025.
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