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July 28, 2022

Five largest construction projects initiated in Japan in Q2 2022

By Carmen

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

1. K2 Manufacturing Facility – $18,175m

The project involves the construction of a flash memory manufacturing facilities in Kitakami, Iwate.

Construction work started in Q2 2022 and is expected to be completed in Q4 2023.

The project aims to meet the rising demand for NAND flash memory devices around the world.

2. Minamiikebukuro Two Chome C Area Type One Urban Redevelopment – $1,022m

The project involves the construction of twin residential towers with a total floor area of 1,89,410m2 on 1.51ha of land in Tokyo.

Construction work commenced in Q2 2022 and is expected to finish in Q4 2025.

The project aims to provide better residential facilities in the region.

3. Saitama Data Center Campus – $1,000m

The project involves the construction of a 33,047m2 data center campus with a capacity of 97MW of critical IT capacity in Saitama.

Construction work started in Q2 2022 and is forecast to complete in Q3 2025.

The facilities is designed to serve leading hyperscalers in Japan and will be built to the latest hyper-scale design and standards, with unrivaled scalability, connectivity, and reliability.

4. Abukuma Onshore Wind Farm: 147 MW – $800m

The project involves the construction of four onshore wind power plants with a combined capacity of 147MW comprising 46 turbines of 3.2MW each in Abukuma, Fukushima.

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

The project aims to enhance the renewable power generation capacity and help to meet growing power requirements in the region.

5. Abukuma Wind Farm 150 MW – $800m

The project involves the construction of a 150MW wind power plant in Fukushima Prefecture.

Construction work started in Q2 2022 and is expected to be completed in Q1 2027.

The project’s main aim is to provide better electricity facilities in the region.

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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