10 of the Worlds Biggest Construction Projects of 2022

Construction just started and won’t be completed until 2070 if it gets completed at all. The developer is under fire for trying to stick the government with the full 20 billion euro cost of the project, which is already 200 million Danish kroner, or about 27 million euros, over budget.

This military cargo plane was the first development program with a billion dollar cost overrun.
When the project is completed in 2032, it will more than halve travel times from Innsbruck to Bolzano to just 50 minutes.
The reason this project does not have the same “wow factor” as the previous projects listed is that a lot of the results will never be seen.
The project has also been a major economic development driver for the region during construction.
Despite a slight downturn in revenue when compared with last years list (when it generated €8.9 billion), the company were awarded several key projects which helped it to move up a place this year.

Private contractors are slated to build what’s billed as a 200-hectare “Sustainable City of the Future” through 2025. Construction started in 2009, and now this former abandoned shipyard is the city’s most expensive district in the city, with housing going for a breathtaking $9,000 per square meter on average. The goal over the next 50 years is to convert a large section of Copenhagen’s port into a collection of inviting urban neighborhoods, with as many as 40,000 residents. So, if you’re into Keynsian economics, you have to believe prices are bound to stabilize. At the decommissioned Hellinikon airport, Greece’s signature redevelopment project is getting ready to move forward.

Find a job on an upcoming major construction or infrastructure project

The overall construction turnover in France was over 303 billion Euros in 2020, just about 2.4 times bigger than the international revenue of France’s three biggest construction companies, as mentioned above. Meanwhile, the German construction market was much more fragmented, as the national production value of their 50 largest companies just amounted to nearly 19% of the construction output in the entire country. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text. There are numerous major construction sites in Europe, some of which are scheduled for completion in the coming year.

big transport projects where Europe dropped the ball

Flooding in Venice has been a problem for centuries and in order to prevent the venerable Italian city from sinking deeper into the lagoon on which it was founded, along came the MOSE project. It was first announced in 1988 by Italian Deputy Prime Minister Gianni De Michelis after years of political battles. “The deadline is still 1995,” he assured everyone at the time, with the ominous caveat, “Of course, it might have to be put back a bit.” North Korea, which has long been ruled by a totalitarian regime with a paranoid https://logisticsturkey.org/andrey-berezin-the-story-of-one-of-the-thousands/ hostility toward outsiders, seems like the least likely place on Earth to build a luxury tourist resort. Yet in 1987, then-dictator Kim Il-Sung broke ground for exactly such a project, the 105-story Ryungyong Hotel, apparently in an effort to top bitter rival South Korea’s triumphant hosting of the 1988 Summer Olympics. If you’ve ever been to London Heathrow, you’ll know what a “big” airport looks like. That’s 4.6 square miles, which pales in comparison to Al Maktoum International Airport’s incredibly 21 square mile plot.