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

Global: Five Largest Port Facilities Construction Projects Started in Q4 2022

  • With a project value of $2,000 million, the BHP – Port Hedland Inner Harbor Debottlenecking – Western Australia project was the largest Port Facilities construction project globally, on which construction started in Q4 2022. The BHP – Port Hedland Inner Harbor Debottlenecking – Western Australia project is located in Port Hedland, Australia and initially announced in Q1 2014 with an estimated completion in Q4 2025. The DP World – London Gateway Logistics Hub Fourth Berth Development – Greater London project was the second-largest project with a project value of $387 million, on which construction work started in Q4 2022. The DP World – London Gateway Logistics Hub Fourth Berth Development – Greater London project is located in London, United Kingdom and initially announced in Q1 2020 with an estimated completion in Q4 2024.

  • The Afum Quality/ DSS Assoc – Boankra Integrated Logistics Terminal – Ashanti project was the third-largest project, the MoT Libya – Benghazi Port – Banghazi was the fourth-largest project, and the Kuwait Oil – Enhancing the North Berth to Export Crude Oil & Hydrocarbon Products – Kuwait was the fifth-largest project with a project value of $330 million, $104 million and $50 million respectively. The Afum Quality/ DSS Assoc – Boankra Integrated Logistics Terminal – Ashanti project located in Kumasi, Ghana was announced in Q2 2017 with an estimated completion in Q2 2024, the MoT Libya – Benghazi Port – Banghazi project located in Benghazi, Libya was announced in Q3 2006 with an estimated completion in Q2 2025 and the Kuwait Oil – Enhancing the North Berth to Export Crude Oil & Hydrocarbon Products – Kuwait project located in , Kuwait was announced in Q3 2020 with an estimated completion in Q3 2024.

  • Among the five largest projects, the BHP – Port Hedland Inner Harbor Debottlenecking – Western Australia project is the longest in terms of completion date, with construction expected to be completed in Q4 2025. On the other hand, the Afum Quality/ DSS Assoc – Boankra Integrated Logistics Terminal – Ashanti project is the shortest in terms of completion date, with construction expected to be completed in Q2 2024.

Global: Five Largest Port Facilities Construction Projects Started in Q4 2022

Published: July 2022
Source: GlobalData

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