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

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

  • With a project value of $3,306 million, the HIBMEPMCL – Beijing-Hong Kong-Macao Expansion and Reconstruction Expressway: Hubei-Henan-Junshan Section – China project was the largest Streets, Parkways & Highways construction project in China on which construction started in Q1 2022. The HIBMEPMCL – Beijing-Hong Kong-Macao Expansion and Reconstruction Expressway: Hubei-Henan-Junshan Section – China project is located in China and initially announced in Q1 2019 with an estimated completion in Q2 2025. The TBGTAP – G4218 Kangding-Xinduqiao Expressway – Sichuan project was the second-largest project with a project value of $2,601 million, on which construction work started in Q1 2022. The TBGTAP – G4218 Kangding-Xinduqiao Expressway – Sichuan project is located in China and initially announced in Q1 2018 with an estimated completion in Q4 2026.

  • The JTB – Wuhan-Songzi Expressway: Jiangling to Songzi – Hubei project was the third-largest project, the HCIGCL – Lichuan-Xianfeng Expressway – Hubei was the fourth-largest project, and the YPG – Dangyang via Zhijiang-Songzi Expressway – Hubei was the fifth-largest project with a project value of $2,481 million, $2,474 million and $2,311 million respectively. The JTB – Wuhan-Songzi Expressway: Jiangling to Songzi – Hubei project located in China was announced in Q1 2019 with an estimated completion in Q4 2025, the HCIGCL – Lichuan-Xianfeng Expressway – Hubei project located in China was announced in Q1 2019 with an estimated completion in Q4 2026 and the YPG – Dangyang via Zhijiang-Songzi Expressway – Hubei project located in China was announced in Q1 2019 with an estimated completion in Q4 2025.

  • Among the five largest projects, the TBGTAP – G4218 Kangding-Xinduqiao Expressway – Sichuan project is the longest in terms of completion date, with construction expected to be completed in Q4 2026. On the other hand, the HIBMEPMCL – Beijing-Hong Kong-Macao Expansion and Reconstruction Expressway: Hubei-Henan-Junshan Section – China project is the shortest in terms of completion date, with construction expected to be completed in Q2 2025.

China: 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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