With a project value of $6,800 million, the DP World/ EMAAR – Mina Rashid Redevelopment – Dubai project was the largest construction project in Middle East and Africa, on which construction started in Q4 2022. The DP World/ EMAAR – Mina Rashid Redevelopment – Dubai project is located in Dubai(CITY), United Arab Emirates and initially announced in Q1 2019 with an estimated completion in Q4 2026. The CP Chem/ QatarEnergy – Ras Laffan Petrochemical Complex – Al Khawr project was the second-largest project with a project value of $6,000 million, on which construction work started in Q4 2022. The CP Chem/ QatarEnergy – Ras Laffan Petrochemical Complex – Al Khawr project is located in Ras Laffan, Qatar and initially announced in Q2 2018 with an estimated completion in Q4 2026.
The Saudi PIF – Renewable Energy Program: Phase II – Ar Riyad project was the third-largest project, the Harlow – Al Khairat Thermal Power Plant – Muhafazat Karbala' was the fourth-largest project, and the Q Properties – Al Reem Island: Reem Hills – Abu Dhabi was the fifth-largest project with a project value of $4,500 million, $3,500 million and $2,100 million respectively. The Saudi PIF – Renewable Energy Program: Phase II – Ar Riyad project located in Riyadh, Saudi Arabia was announced in Q1 2021 with an estimated completion in Q1 2027, the Harlow – Al Khairat Thermal Power Plant – Muhafazat Karbala' project located in Karbala, Iraq was announced in Q1 2020 with an estimated completion in Q4 2025 and the Q Properties – Al Reem Island: Reem Hills – Abu Dhabi project located in Abu Dhabi(CITY), United Arab Emirates was announced in Q4 2021 with an estimated completion in Q4 2027.
Among the five largest projects, the Q Properties – Al Reem Island: Reem Hills – Abu Dhabi project is the longest in terms of completion date, with construction expected to be completed in Q4 2027. On the other hand, the Harlow – Al Khairat Thermal Power Plant – Muhafazat Karbala' project is the shortest in terms of completion date, with construction expected to be completed in Q4 2025.
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