London claims top spot in list of Construction Mega Cities

  • 17 Feb 2017

  • Share

London has topped Timetric’s Construction Intelligence Centre (CIC) list of 50 Construction Mega Cities following an assessment of project pipelines in major cities worldwide. 

The list looks at cities with large-scale construction projects with an investment value above US$30 billion. The combined value of project pipelines within these Mega Cities – a term originally coined for urban areas with populations over ten million – stands at US$4.8 trillion and includes approximately 6,400 projects.

London has topped the list, with total project values closing on US$436 billion, marginally ahead of Dubai and Abu Dhabi. 

Thirty of the Mega Cities on the list are considered to be in emerging markets, as the urbanisation of Asia-Pacific regions continues to increase at a rapid rate. In fact, it is predicted that by 2025, sixty percent of the global population will be urbanised.

Project pipeline values in the Construction Mega Cities

Project pipeline values in the Construction Mega Cities (in US dollars).

It is also worth noting that only five cities in Europe are featured, with a combined projects pipeline value of $890 billion, indicated a depressed state of construction activity within the region. Meanwhile, North America has a total of 11 cities included, with a combined value of US$736 billion.

Whilst some of the cities have multi-billion dollar projects in development, the average value of the projects tracked by the CIC is around US$745 million.

Leave a Reply

More articles


Oldham Maggie's Centre receives Allgood ironmongery

Maggie’s Centre in Oldham has seen Allgood’s Holt ironmongery fitted, in order to finalise its thoughtful and hopeful design.

Posted in Architectural Ironmongery, Articles, Building Industry News, Building Products & Structures, Case Studies, Doors, Health & Safety, Posts, Restoration & Refurbishment, Retrofit & Renovation

  • Share
Screen Shot 2018-03-23 at 12.49.37

Aggregate supplies Watertight concrete to North West Cambridge development

Aggregate Industries recently supplied 3,000m3 of its watertight concrete mix to the North West Cambridge Development.

Posted in Articles, Building Industry News, Building Products & Structures, Civil Engineering, Concrete, Cement, Admixtures, Posts

  • Share

Dulux Academy offers classes for local apprentices ahead of National Apprenticeship Week

The Dulux Academy has invited local painting and decorating apprentices to visit its Dulux Academy facilities for a series of training events.

Posted in Articles, Building Industry Events, Building Industry News, Interiors, Paints, Paints, Coatings & Finishes, Seminars, Training

  • Share

Spotlight on Heritage Services Manager Nigel at Wienerberger

In the latest in their ‘A Day in the Life’ articles, Wienerberger have provided an insight into its Heritage Services Manager, Nigel Dyer…

Posted in Articles, Bricks & Blocks, Building Industry News, Building Products & Structures, Posts, Recruitment, Restoration & Refurbishment

  • Share