The Most Expensive Construction Projects in the World
The architectural design and construction industry have become more lavish in the past century. Buildings today, are built taller than ever before, and cities are becoming more expansive, as well as expensive to live in. If you take the city, Abu Dhabi for instance, it is one which its architecture displays its country’s wealth.
Where there is money, there seem to be no limits, and it is exactly why the architectural and construction industry are becoming more lucrative each day.
Considering the development and implementation of technology over the past decade, it is without doubt why more buildings are being constructed faster, and since time is money, completing architectural and construction projects in a more timely manner, is also costing the owner of the property, building or project, a lot more money, which in return again excellent for the industry.
The top 3 most expensive construction projects ever
- The interstate highway system in the U.S.
Grossing an approximate $404 billion, the interstate highway system’s construction process started all the way back in 1956.
It was focused on developing old routes, as well as creating new ones. Even though it took a very long time to build and exceeded the project’s budget, once finished, it achieved exactly what was intended with its initial design, which is a far more efficient transport network, that would also aid in the mobilization in an emergency.
- The international space station
This famous space station has a value of $331 billion. It was built to be split between 14 different countries and was constructed on earth, yet perfectly assembled in space. The operations were carried out by Russian Rockets. This space station, however, is planned to “retire” in 2020.
- The Kashagan Fields
Apparently, there is a lot of money in resources, to be found in the ocean. Reputable brands such as Shell, Total, China National Petroleum Corp, INPEX, Exxon Mobil, AgipKCO and KazMunaiGas, are all working together to tap into these resources, which conclude to 13 billion barrels, residing in the Caspian Sea.
This operation is expected to yield approximately 90,000 barrels of oil daily. The budget for constructing the Kashagan Fields, is just over $102 billion, wasn’t an expensive price to pay at all, considering the number of resources these companies will be able to tap into in the future.
