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July 29, 2022

Five largest airport infrastructure construction projects initiated globally in Q2 2022

By Carmen

Here are the largest airport infrastructure construction projects initiated globally in Q2 2022, according to GlobalData’s construction projects database.

1. Sapa Domestic Airport Development – $302m

The project involves the construction of an airport to handle 3 million passengers per annum on 371ha of land in Lao Cai, Vietnam.

Construction work started in Q2 2022 and is expected to be completed in Q4 2030.

It is a 4C standard airport designed to serve for both civil and military use and will be able to receive A320, A321, and equivalent aircraft.

2. Mesa Aircraft Service Center – $70m

The project involves the construction of a 20,903m2 service center in Mesa, Arizona, the US.

Construction work commenced in Q2 2022 and is expected to finish in Q4 2023.

The project aims to provide better service facilities for the airport. It aims to achieve LEED Silver certification.

3. Pevek Airport Reconstruction – $55m

The project involves the reconstruction of the Pevek Airport in Chukotka, Russia.

Construction work started in Q2 2022 and is forecast to complete in Q4 2023.

The project aims to improve the airport facilities for the passengers and repair aging infrastructure.

4. Oradea Airport Cargo Terminal – $44m

The project involves the construction of a 67,776m2 cargo terminal on 14.4ha of land at Oradea Airport, Bihor, Romania.

Construction work commenced in Q2 2022 and is expected to be completed in Q4 2023.

The aim of the project is to support the transportation of goods in the region.

5. Culiacan Airport Modernization – $32m

The project involves the modernization of the airport terminal in Culiacan, Sinaloa, Mexico.

Construction work started in Q2 2022 and is expected to be completed in Q4 2024.

The objective of the project is to improve airport facilities.

Methodology:This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.

Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.

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