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July 28, 2022

The five largest construction projects initiated in Europe in Q2 2022

By Carmen

Here are the five largest construction projects initiated in Europe during Q2 2022, according to GlobalData’s construction projects database.

1. Sines Hyper Scale Data Center – $4,210m

The project involves the construction of a hyper scale data center in Sines, Setubal District, Alentejo region, Portugal.

Construction work started in Q2 2022 and is expected to be completed in Q4 2025.

The project is also known as “Sines 4.0”.

2. Prague Metro Line D – $2,663m

The project involves the construction of a 10.5km underground metro corridor from Depo Písnice to Namesti Miru in Prague, Czech Republic.

Construction work commenced in Q2 2022 and is expected to finish in Q4 2029.

The project aims to provide efficient commuting facilities along the route and link the city center with its southern suburbs. When completed, the metro line will serve as a major transport improvement in the region and relieve congestion in subway Line C.

3. Clapham Park Regeneration: Phase II – $2,039m

The project involves the construction of a residential community comprising 2,400 multi-story homes ranging up to 14-story on 36ha of land in South London, Greater London, The UK.

Construction work started in Q2 2022 and is forecast to complete in Q4 2025.

The project aims to demolish 864 residential homes and 614m2 of non-residential floorspace to provide better residential facilities in the region. The project will be developed across 16 sites within the scheme.

4. Granton Waterfront Residential Community – $1,686m

The project involves the construction of a residential community comprising 3,500 homes on 140ha of land in Granton, Edinburgh, Scotland, the UK.

Construction work commenced in Q2 2022 and is expected to be completed in Q4 2037.

The project aims to transform the Granton waterfront site to provide better housing facilities in the region.

5. Debrecen Vehicles Assembly Plant – $1,200m

The project involves the construction of a vehicle assembly plant to handle a capacity of 150,000 cars per year on a 400ha of land in Debrecen, Hungary.

Construction work started in Q2 2022 and is expected to be completed in Q4 2025.

The project aims to build both standard internal-combustion cars and electrified models on the same line. It will create 1,000 new jobs.

Methodology:This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.

Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.

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