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January 31, 2022updated 15 Feb 2022 12:46pm

Five largest construction projects initiated in Australia in Q4 2021

By Carmen

Here are the five largest construction projects initiated in Australia during Q4 2021, according to GlobalData’s construction projects database.

1. M6 Motorway Expansion – $7,850m

The project involves the expansion of the 23km M6 Motorway in Southern Sydney, New South Wales, Australia.

Construction work started in Q4 2021 and is expected to be completed in Q4 2025.

The aim of the project is to improve travel times and reduce traffic congestion.

2. Iron Bridge North Star Magnetite Stage II Processing Plant – $3,500m

The project includes the construction of a 22MTPA mineral processing plant in Western Australia, Australia.

Construction work commenced in Q4 2021 and is expected to finish in Q4 2025.

The project aims to produce high-quality magnetite concentrate to export up to 15 million tons annually to China, Asia, and the Middle East.

3. Western Sydney Airport – $3,500m

The project involves the construction of an airport on 1,780ha of land at Badgerys Creek in Sydney, New South Wales, Australia.

Construction work started in Q4 2021 and is forecast to complete in Q4 2026.

The main aim of the project is to accommodate more international flights and flexible runways.

4. Sydney Metro Pitt Street Over-Station Development – $773m

The project involves the construction of an Over-Station development at Pitt Street, Australia.

Construction work commenced in Q4 2021 and is expected to be completed in Q4 2024.

The main aim of the project is to provide better hospitality and commercial facilities in the CBD.

5. Blackwattle Bay Fish Market Development – $538m

The project involves the construction of a 35,000m2 fish market on 3.6ha of land at the Blackwattle Bay in Sydney, New South Wales, Australia.

Construction work started in Q4 2021 and is expected to be completed in Q3 2024.

The project aims to develop the Sydney Fish Market under a scheme to double the flow of visitors to one of the city’s biggest attractions.

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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