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 globally, on which construction started in Q1 2022. The FRTD – Foshan Metro Line 4: Phase I – Guangdong project is located in Foshan, 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 Shanghai(CITY), 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 MM – Madrid Metro Expansion – Spain was the fifth-largest project with a project value of $4,889 million, $3,633 million and $2,791 million respectively. The SMC – Shanghai Metro Line 23: Phase I – China project located in Shanghai(CITY), China was announced in Q1 2016 with an estimated completion in Q4 2025, the HURTC – Hefei Metro S1 Line – Anhui project located in Hefei, China was announced in Q1 2018 with an estimated completion in Q4 2025 and the MM – Madrid Metro Expansion – Spain project located in Madrid(CITY), Spain was announced in Q1 2005 with an estimated completion in Q4 2028.
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 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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