The construction market in Asia Pacific is forecasted by GlobalData to grow by 3.7% in real terms in 2023, having grown by 3.9% in 2022. A key growth market will be the infrastructure market, with output rising by 11.9% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.

Here are Asia Pacific’s five largest healthcare building construction projects that were initiated in Q4 2023, according to GlobalData’s construction projects database.

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1. Grantham Hospital Redevelopment

The project involves the redevelopment of Grantham Hospital in Aberdeen, Hong Kong.

Construction work started in Q4 2023 and is expected to be completed in Q3 2028.

The main purpose of the project is to accommodate inpatients, ambulatory and community care, clinical and support services.

2. Royal Prince Alfred Hospital Redevelopment

The project involves the expansion of the Royal Prince Alfred Hospital with an additional 700 beds at Camperdown, Sydney, Australia.

Construction work commenced in Q4 2023 and is expected to finish in Q3 2028.

The project is part of the Government’s Economic Recovery Plan for Australia under the Budget 2020-21, which is aimed to rebuild the economy, create jobs, and offset the impact of the COVID-19 pandemic. Buy the profile here.

3. Ko Chiu Road General Outpatient Clinic and Child Assessment Center

The project involves the construction of a general outpatient and child assessment center at Ko Chiu Road in Kwun Tong, Hong Kong.

Construction work started in Q4 2023 and is forecast to complete in Q4 2028.

The main purpose of the project is to accommodate inpatients, ambulatory and community care, clinical and support services.

4. Hj Andi Nurhadi Mosque And AAS International Hospital Development

The project involves the construction of a mosque and a hospital on 35ha of land in South Sulawesi, Indonesia.

Construction work commenced in Q4 2023 and is expected to be completed in Q4 2026.

The project is being developed as a service structure with religious and educational functions and as a landmark for the community which will be able to accommodate 20,000 worshipers at a time. Buy the profile here.

5. Kuriyama Red Cross Hospital facility development

The project involves the construction of an 8765m2, five-story hospital with 103 beds on 1.58ha of land in Hokkaido, Japan.

Construction work started in Q4 2023 and is expected to be completed in Q3 2026.

The project’s main aim is to provide better healthcare facilities in the region. Buy the profile here.

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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.