- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 07 May 2020
Global Construction Megacities 2017
According to ‘Global Construction Megacities’, a report published by Timetric’s Construction Intelligence Center (CIC) in January 2017, London comes top of the megacity development list, with total construction project values close to US $426bn. Second and third are Dubai (with $367bn) and Abu Dhabi (with $275bn).
Other than London, the list is dominated by the Asia-Pacific region, which accounts for half of the cities. Seven Chinese cities feature in the list, with a combined pipeline total of $475 bn. India has four cities on the list with a total of $221bn and Australia has three with a total of $342bn.
The Association of Southeast Asian Nations (ASEAN) has eight cities, including Singapore, totaling $568bn.
North America has 11 cities with a total of $736bn, which could increase with the arrival of Donald Trump in the White House, who has promised to invest in construction and infrastructure projects. Latin America has only two on the list, totaling $124bn.
CIC’s lead economist Danny Richards said: “The increasing economic power of cities worldwide is becoming an unstoppable trend, as growth in incomes and opportunities continues to attract more and more people to urban centers. In order to cater for the expansion in urban populations, huge investment is required in new residential and commercial buildings as well as utilities and transport networks and other physical infrastructure.”
 Related articles on Designing Buildings Wiki
Featured articles and news
Strategies to help provide safer working conditions.
Protecting flora, fauna and the other natural features of Scotland.
Architecture considered somewhere between 'sublime and beautiful'.
Polish piano factory revived through an energy-oriented tune up.
Dynamic architectural approach sets out to restore and improve the environment.
Entries accepted from 1 December 2020 to 14 April 2021.
Procedure discontinued for sale or re-mortgage of buildings without cladding.
The art of negotiation.
APPGI considers key issues for economic recovery.
Progress made on global fire safety standard.
Why did it take 111 years to build this Victorian engineering marvel?
Fantastic cities from above but flawed on the ground.
Organisation unveils supporting tools and initiatives.