Project Insight - Global Road Construction Projects

Synopsis

The report provides detailed market analysis, information and insights based on 3,036 road projects tracked by CIC across the globe. The report provides detailed metrics on global and the regions' road construction projects (as tracked by CIC) split by country, km length, stage and value. Detailed metrics are also provided for the top 10 countries.

Summary

Timetric's Construction Intelligence Center (CIC) is currently tracking road construction projects globally with a total value of US$2.23 trillion. Of this, US$1.16 trillion is in the execution stage. Asia-Pacific accounts for the highest value with US$1.24 trillion, followed by Europe with projects valuing US$462.7 billion, the Americas has road projects with a value of US$315.2 billion, while the Middle East and Africa pipeline is valued at US$212.0 billion.  Overall this pipeline of projects equates to over 312,000km of roads projects, including 181,493km in Asia-Pacific alone. The largest projects currently in execution are the US$80.0 billion Fuzhou to Taipei Highway: Taiwan Strait tunnel in China and the US$71.0 billion National Highway Development Program in India.

Scope

The report provides a detailed analysis of 3,036 projects tracked by CIC between announced and execution, illustrating pipelines by region and key country by stage, funding type, and listing the top 50 projects globally and top ten for each country.  Road length is provided if known.

Reasons To Buy

• Gain insight into main drivers of activity and forecasts for the global road construction sector. 

• Assess all major projects by value, start date, scope and stage of development globally and for the regions and top 10 countries to support business development activities. 

• Plan campaigns by region and country based on specific project opportunities and align resources to the most attractive markets.

Key Highlights

• The highest value of projects are at the execution stage, with US$1.16 trillion, followed by projects at the planning stage with US$573.5 billion.

• China leads the global project pipeline, with projects valued at US$534.0 billion, followed by India with US$263.5 billion. 

• Public investment is responsible for the funding of the highest proportion of projects, with 66%, with joint public and private funding at 32% and the remaining 2% of projects financed solely by private funding.  

• Assuming all projects tracked go ahead as planned, annual spending will reach US$393.7 billion in 2019. 

• Funding for projects is predominantly public with 55% followed by joint public and private with 42%.