Project Insight - Road Construction Projects: Europe
Europe’s road network is comparatively mature compared to other less developed regions. There are however large developments planned including the first underwater floating tunnel in Norway the highest value project in Europe and the Central Ring Road Development in Moscow. This report provides detailed analysis, information and insights based on 690 CIC projects in Europe, including detailed metrics on the region's road construction projects (as tracked by CIC) split by country and value. Country profiles are provided for the top 10 countries including Russia, Norway and the UK.
Timetric’s Construction Intelligence Center (CIC) is currently tracking road construction projects in Europe with a total value of US$462.7 billion, which includes projects from the announced to execution stages. The projects tracked in Europe account for 25,013km of roads.
Russia leads with a value of US$67.4 billion with the country’s highest value project being the US$15.3 billion Central Ring Road Development in Moscow followed by Norway with US$57.9 billion and its highest value project the US$25.0 billion Floating Under Water Tunnels between the southern city of Kristiansand and Trondheim in the north.
Annual spending on the 690 projects tracked is expected to reach US$71.2 billion in 2019.
Leading contractors in the region are Sacyr Vallehermoso and Salini Impregilo.
The report provides analysis based on CIC projects showing total project values for Europe and analysis by stage and funding for the top ten countries. The top 50 projects are listed for the region giving country, stage, value and km length if known. Ranked listings of the top participants for the sector are also provided showing the leading contractors, consulting engineers and project owners.
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