The global airport projects pipeline, as tracked by GlobalData, is worth $580.4bn, slightly less than the $588.4bn pipeline recorded in Q4 2023. The global pipeline is dominated by projects in the advanced stages of development, with 78.2% of projects being in the pre-execution and execution phases – this amounts to $453.7bn in total value. Of this amount, $329bn is in the execution stage and $124.7 billion is in the pre-execution stages of design, tender, and engineering, procurement and construction (EPC) award. Projects in the early stages account for a relatively small share, with 21.8% of the pipeline by value reflecting projects in the pre-planning stage (announcement and study), and planning stages. Largest project The largest project tracked is the King Salman International Airport in Riyadh. The project includes the construction of six parallel runways and 12 square kilometres of airport support facilities. The project is currently in the pre-execution stage, with construction planned to begin in 2024.       FOR REGISTRATION AS SUPPLIER:  https://tendering.riyadhairports.com/web/login.shtml# (ICE RIYADH)

Fonte notizia: Meed