Total Value of Road Construction Projects Stands at Around USD 2.23 Trln, States Timetric in Its In-demand Report Available at MarketPublishers.com24 Nov 2017 • by Natalie Aster
LONDON – The total value of the 3,036 road construction projects tracked by Timetric’s CIC from pole to pole is estimated at USD 2.23 trillion. Of this, USD 1.16 trillion is in the execution phase; and USD 573.5 billion is at the planning stage.
APAC accounts for the biggest value of USD 1.24 trillion, with Europe following after with a value of USD 462.7 billion. The Americas’ road projects are valued at USD 315.2 billion, whilst the Middle East and Africa pipeline is worth USD 212.0 billion.
All in all, the project pipeline equals to more than 312,000 kilometres of roads projects, comprising 181,493 kilometres in APAC alone. The biggest projects presently in execution are the USD 80.0 billion Fuzhou to Taipei Highway: Taiwan Strait Tunnel project in China and India’s USD 71.0 billion National Highway Development Program.
In-demand research report “Project Insight - Global Road Construction Projects” drawn up by Timetric provides an extensive, unbiased evaluation of the global road construction projects tracked by Timetric’s Construction Intelligence Center (CIC), from the announcement to execution stages.
The report casts light on the pipelines by region and top country based on stage, funding type. It offers a granular listing of the top 50 projects globally and focuses on the 10 leading for each of the countries discussed. Information on the road length is available if known. The research offers deep insights into the major drivers of activity and forecast figures for the world road construction industry. It offers an assessment of all major projects based on value, commencement date, scope and phase of development worldwide and for the regions and 10 leading nations to promote business development activities.
More in-demand research reports created by this publisher can be found in Timetric catalogue at MarketPublishers.com.