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

Europe: Five Largest Mass Rapid Transit / Metros Construction Projects Started in Q1 2022

  • With a project value of $2,791 million, the MM – Madrid Metro Expansion – Spain project was the largest Mass Rapid Transit / Metros project in the Europe, on which construction started in Q1 2022. The MM – Madrid Metro Expansion – Spain project is located in Spain and initially announced in Q1 2005 with an estimated completion in Q4 2028. The IBB – Kazlicesme - Sogutlucesme Metro Line – Turkey project was the second-largest project with a project value of $500 million, on which construction work started in Q1 2022. The IBB – Kazlicesme - Sogutlucesme Metro Line – Turkey project is located in Turkey and initially announced in Q4 2016 with an estimated completion in Q4 2024.

  • The MBB – Gari - Mezitli Metro – Turkey project was the third-largest project, the BMM – Bursa Emek City Hospital Metro Line – Turkey was the fourth-largest project, and the Nexus – Tyne & Wear Metro Expansion – UK was the fifth-largest project with a project value of $437 million, $282 million and $120 million respectively. The MBB – Gari - Mezitli Metro – Turkey project located in Turkey was announced in Q1 2018 with an estimated completion in Q1 2026, the BMM – Bursa Emek City Hospital Metro Line – Turkey project located in Turkey was announced in Q1 2019 with an estimated completion in Q3 2025 and the Nexus – Tyne & Wear Metro Expansion – UK project located in United Kingdom was announced in Q1 2020 with an estimated completion in Q1 2023.

  • Among the five largest projects, the MM – Madrid Metro Expansion – Spain project is the longest in terms of completion date, with construction expected to be completed in Q4 2028. On the other hand, the Nexus – Tyne & Wear Metro Expansion – UK project is the shortest in terms of completion date, with construction expected to be completed in Q1 2023.

Europe: Five Largest Mass Rapid Transit / Metros Construction Projects Started in Q1 2022

Published: July 2022
Source: GlobalData

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