Here are the five largest construction projects initiated in Spain during Q1 2022, according to GlobalData’s construction projects database.
1. Madrid Metro Expansion – $2,790m
The project involves the expansion of Metro Lines in Madrid.
Construction work started in Q1 2022 and is expected to be completed in Q4 2027.
The main objective of the project is to meet the growing demand for transportation and ease public transportation infrastructure in the region.
2. Las Lomas del Higueron Residential Complex – $696m
The project involves the construction of the Las Lomas del Higueron residential complex in Costa del Sol, Andalusia.
Construction work commenced in Q1 2022 and is expected to finish in Q4 2025.
The project’s aim is to meet the growing demand for luxurious apartments, along with leisure amenities in the region.
3. Xerta-Senia Canal Development – $448m
The project involves the construction of the Xerta-Senia Canal between Xerta and Senia in Catalonia.
Construction work started in Q1 2022 and is forecast to complete in Q4 2024.
The basic objective of the project is to irrigate across 11 municipalities of Baix Ebre and Montsià, Xerta, Aldover, Roquetes, Tortosa, Santa Bàrbara, Masdenverge, La Galera, Mas de Barberans, the Ebro to Castelló, Freginals, Ulldecona, Amposta, and La Sénia. It will be a pressurized irrigation infrastructure that will be used for the cultivation of olives, citrus, and sweet fruit.
4. C43 Biofuel Production Plant – $223m
The project involves the construction of the C43 biofuel production plant on a 4.14ha area in Cartagena, Murcia.
Construction work commenced in Q1 2022 and is expected to be completed in Q2 2023.
The project’s aim is to utilize recycled raw materials and manufacture low-emission biofuels; to reduce CO2 emissions by 900,000 tons per annum.
5. Monforte de Lemos to Lugo Railway Line Renovation – $132m
The project involves the renovation of the Monforte de Lemos-Lugo railway line in Galicia.
Construction work started in Q1 2022 and is expected to be completed in Q4 2023.
The project’s aim is to improve the quality and reliability of the railway connection between Monforte de Lemos and Lugo.
Methodology:This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.
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