Here are Asia Pacific’s five largest hospital construction projects that were initiated in Q4 2021, according to GlobalData’s construction projects database.
1. Canberra Hospital SPIRE Center – $468m
The project involves the construction of a nine-story new hospital in Canberra, Australian Capital Territory, Australia.
Construction work started in Q4 2021 and is expected to be completed in Q3 2024.
The project aims to develop a SPIRE Center (Surgical Procedures, Interventional Radiology and Emergency Center) within the Canberra Hospital precinct. When established, SPIRE will have a ward dedicated to elective surgery, world-class radiology services, and a much larger emergency department with a separate paediatric ward.
2. Perth Quarantine Facility – $295m
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The project involves the construction of quarantine facilities comprising 1,000 beds in Perth, Western Australia.
Construction work commenced in Q4 2021 and is expected to finish in Q4 2022.
The aim of the project is to develop facilities that will be used for future emergencies or disasters as well as manage the COVID-19 pandemic.
3. Central Provincial Hospital Development – $204m
The project involves the construction of the Central Provincial Hospital on 50ha of land in Bautama, Port Moresby, Papua New Guinea.
Construction work started in Q4 2021 and is forecast to complete in Q4 2025.
The main aim of the project is to provide modern healthcare infrastructure and facilities for people in the region.
4. Tainan Elderly Medical Smart Care Development Education Center Affiliated Hospital – $150m
The project involves the construction of an Elderly care Hospital in Tainan, Taiwan.
Construction work commenced in Q4 2021 and is expected to be completed in Q2 2026.
The purpose of the project is to build a multifunctional center for healthcare and education for elderly people.
5. Bunbury Hospital Redevelopment – $144m
The project involves the redevelopment of the Bunbury Hospital in Western Australia, Australia.
Construction work started in Q4 2021 and is expected to be completed in Q1 2024.
The project will boost the local economy during the construction phase, supporting local Bunbury jobs and the wider community.
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.