Europe’s largest construction project, London’s Crossrail is expected to cost over £17.6 billion when it is eventually completed. However its runways are now said to be operating at 99% capacity, which prevents any further growth in the area and increases delays when flights are disrupted. Information on the progress of projects in the Government Major Projects Portfolio. I n recent years, Africa has seen a surge in mega construction projects that are shaping the continent. The Department for Transport says that the project will cut journeys from Birmingham to London from 1h21m to just 52m. It’s estimated to be an even larger project, costing up to £30 billion. Post-Brexit nerves may create a dip in industrial, commercial and retail construction activity next year before stabilising in 2021. “Notwithstanding the issues encountered, work has been completed in line with the exacting standards required for a nuclear project, with “right first-time” figures rising to an industry-leading 95%. As such it will form a major connection between Central Europe and Scandinavia, and has been designated one of 30 prioritised transport infrastructure projects by the European Union. Despite the challenges faced by the UK and Europe in many areas, there are still several massive megaprojects either being built or being planned that have the potential to bring huge opportunities to towns, cities and even entire countries. Having risen by 22% this year, the Glenigan Construction Industry Forecast is forecasting the value of underlying starts for civil engineering projects will rise a further 5% next year. Expansion plans by the major hotel chains and the popularity of ‘staycations’ should help sustain construction activity in the hotel and leisure sector. But Labour’s proposed £250 billion National Transformation Fund, its support for HS2 and its ambitious programmes for household energy efficiency and plans to expand social rented housing would generate more government-funded construction. Helped by a rebound in buyer confidence, the value of private housing starts is forecast to rise by 9% next year to £19,385 million and increase by a further 10% in 2021. ... Manchester has been a major site for construction projects over the last few years, as the city becomes one of the north’s fastest-growing urban areas. We’re making significant improvements to Britain’s rail network that will increase capacity, relieve congestion and provide better passenger facilities. As usage has increased, so have the traffic jams. The proposed route will run from North to South - Hertfordshire to Surrey. The growth of online shopping will continue to take its toll on construction activity in the retail sector. Glenigan data highlights major commercial projects in London which are getting underway. We therefore select from the most comprehensive and up to date source of new planned construction work – to give you the ability to precisely target only the projects … The E39 project will also involve construction of more traditional bridges and tunnels at various sections along the route - though more floating tunnels may be considered. Estimated value: £350,000,000. As a free news service Construction Enquirer relies on advertising for funding. The value of new office construction starts in the capital has risen by 16% so far this year. Glenigan is forecasting a 1% rise in the value of underlying starts in the hotel and leisure sector next year and a 5% increase in 2021. We also use some non-essential cookies to collect information for making reports and to help us improve the site. Subscribe to construction.com to get access the largest and most trusted source of construction projects in North America. Fircroft would like to keep you up to date with our latest company updates via email. The tubes would be further stabilised by cables tethered to the seabed. In addition, it’s expected that during peak construction the project will create over 30,000 jobs and 2,000 apprenticeships, with contracts already delivered by 2,000 businesses. Construction will provide up to 60,000 new jobs. Based in Somerset, Hinkley Point C will be the UK’s first new nuclear power station in over 20 years. The plan is for 320 goods and 80 passenger trains to use the tunnel, with freight trains running at speeds of up to 160km/h and passenger trains up to 250km/h. Running under the Baltic Sea, the tunnel will connect the North German island of Fehmarn to the harbour town of Rødbyhavn, on the south coast of Lolland, Denmark. 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