The 10 most expensive projects in the world

The modern era witnessed 10 projects that are the largest and most expensive compared to its counterparts in other projects examples of major projects include tunnel, railways, airports, power plants, dams, special economic zones, oil and natural gas extraction projects and public buildings. In this blog I will show you the 10 most expensive projects in the world until 2022.

(10) British-French “The Channel Tunnel” Project

Channel tunnel also called Eurotunnel it is a railway tunnel between England and France it operates under the English channel which is 50 kilometers 31 miles long it consists of three tunnels two for railway traffic and a central tunnel for services and security it connects southern Britain and northern France. The tunnel runs between Folkstone England and Sango France it is used for both freight and passenger traffic passengers can travel either by regular rail or in their own cars ,which are loaded on special train cars trains can travel through the tunnelat speed of up to 160 kilometers 100 miles per hour. The journey takes about 35 minutes. Its cost is 22.4billion dollars.

How did they build the tunnel from England to France ?

On the British side, the digging began near Shakespeare Cliff outside of Dover; the French side began near the village of Sangatte. The digging was done by huge tunnel boring machines, known as TBMs, which cut through the chalk, collected the debris, and transported the debris behind it using conveyor belts.

How many people died during the construction of the tunnel?

At the height of construction, 13,000 people were employed. Ten workers – eight of them British – were killed building the tunnel.

How long the are you under in the tunnel?

The Channel Tunnel is under the English Channel for 37.9 km or 23.5 miles, which is the worlds longest undersea tunnel. When riding the Eurostar you'll be underwater for about 13 minutes.

(9)American project" The Big Dig"

It is a huge road infrastructure project undertaken to improve traffic flew out relieving chronic congestion throughout Boston and surrounding commuting areas. In this project the elevated highway was demolished. This freed 29 acres of attractive boulevards and parks. It was replaced by an 8-10 lane underground highway. That leads to a 14-lane crossing and two bridges into the Charles river. The project cost is 23.1 billion dollars.

What was a point of the "Big Dig"

What was the purpose of the "Big Dig"? The "Big Dig", as we have already seen, was the largest and most challenging highway project in United States History at the time. It was conceived to help reduce traffic and improve mobility in Massachusetts(one of America's oldest and most congested major cities)

Who paid for the Big Dig?

More than 20 years ago Congress committed to funding about 85 percent of the Big Dig, a promise made when federal projects were popular and highway money was plentiful. (The 1985 estimate was $2.6 billion.)

(8)Kansai international airport

Kansai international airport is Japan’s first 24-hour international airport. it is located in the middle of Osaka bay in japan. The airport is built 5 kilometers from the beach. The beach of sencho district it is located southeast of Osaka bay. It was built amid the waters to withstand the effects of frequent nature disasters such as earthquakes and floods as well as to avoid frequent complaints of noise caused by air traffic at the airport. The cost of the airport was 29 billion dollars.

Is kansai international airport still sinking?

Since it opened in 1994, Kansai has sunk 38 feet. Kansai's islands were predicted to evenly settle, or as engineers say, subside, over a 50-year period before stabilizing at 13 feet above sea level.

(7)California High-speed rail project

Seventh came the California high-speed rail project in the united states of America. It is a high-speed railway that connects some major cities. The project will connect san Francisco to los Angeles less than three hours at a speed of about 350 kilometers per hour, 220 per miles per hour, by 2033 The network will be expanded to Sacramento and san Diego. It covers a distance of 1287 kilometers with a maximum of 24 stations. The cost of the project is 33 billion dollars.

Why is California’s high-speed rail so expensive?

High costs are almost synonymous with rail projects in the U.S., especially in the California region. That's because costs around healthcare and pensions are incorporated into the direct capital cost of a project, according to the Eno Center report.

Is the California Bullet train under construction?

The state now expects to complete construction on a 119-mile segment of track from Bakersfield to Madera in the Central Valley by 2023. A portion of the funds is tied to meeting a federal 2022 deadline, prompting the request for an extension.

How much will the California Bullet train Cost?

$105 billion

The 2022 business plan estimates that the full, 500-mile high-speed system between Los Angeles and San Francisco will cost as much as $105 billion, up from $100 billion two years ago. In 2008, when voters approved a bond to help build the railroad, the authority estimated that the system would cost $33 billion.

(6)Songdo Business District

Songdo Business District This city is already built with 30000 jobs and emissions 70 lower than its growing size. Songdo international business district ibd covers an of 1500 acres northeast Asia gateway. It is a model for sustainable future developments at the city level. Not only in Asia but all over the world. The cost of the project is 40 billion dollars.

Is Songdo a smart City?

Songdo was once a model for how we would live in cities of the future- but now, the reality of what this smart city quickly became has us rethinking how the combination of technology and community might have gone wrong.

How was Songdo made?

The Songdo International Business District, as it's formally known, was built from scratch, on reclaimed land from the Yellow Sea.

Who Built Songdo?

Gale International

One of the grandest and daring innovations is known to be the Songdo International Business District. This is a $40 billion smart city project developed by Gale International and POSCO E&C in collaboration with Cisco and other international tech companies.

(5)Dubailand

This is a huge investment project in Dubai. It is managed by the Dubai development and investment authority. It includes tourist and recreational sites. It also provides investment opportunities in the field of real estate and trade of all kind. Dupe island is planned to be built on a vast area of 279square meters. The construction of Dubai island has been planned in several phases. When completed it is expected to become one of the largest and most expensive entertainment projects in the world. The object is to attract family tourism. The project cost is 76 billion U.S dollars.

Is Dubailand Completed?

Dubai's biggest dreamer, Sheik Mohammed bin Rashid al Maktoum, ruler since 2006, announced the Dubailand project on October 23, 2003. However, the project will not be complete until around 2020 -- despite the city's rapid pace of construction. After completion, Dubailand should continue to transform and expand.

Where is Dubailand?

A large area located just off Sheikh Mohammed Bin Zayed Road, Dubailand is on the path to becoming one of Dubai's most popular areas. The 107 square mile masterplan features 26 development projects, that consists of 50 visitor attractions.

Is Dubailand a good place to live?

Living in Dubailand is a good choice for those seeking reasonably priced units. The popular communities in Dubailand include Skycourts Tower, Living Legend, and the Falcon City of Wonders. The price of apartments for sale in Skycourts Tower starts from AED 210k and goes up to AED 1.07M per annum.

(4)King Abdullah Economic City

King Abdullah economic city is located 100 kilometers north of Jeddah. It is characterized as a modern city and a promising tourist destination the aim of its creation was to attract international trading companies. However entertainment is one of the current attractions. International matches are also held at the royal green golf club. One of the most famous golf courses in the middle east. A motor racing park has also been established in the laguna recreational district throughout the year desert weather is characterized by king Abdullah economic city with an average temperature of 28 degrees Celsius three you can have fun at the bike friendly beach park or the soft sandy yam beach which offers a variety of water sports. The cost of the project is 86 billion us dollars.

How can I enter King Abdullah Economic City?

Request a Visit. Enter the required visitor information, including vehicle details. REGISTER NOW.
Receive Permit. You will receive a conﬁrmation message with an e-mail and a QR code. REGISTER NOW.
QR Code. At the e-gate your vehicle registration plate will be scanned automatically to allow access to the city.

What is the main purpose of the new Economic Cities of Saudi Arabia

The cities will decrease the pressure on existing major cities in the kingdom, hosting most of the population and businesses. It will make room for new businesses and allow existing ones to expand. This would allow the population to work in diverse industries.

Is King Abdulla Economic City Done?

The first stage of the city is completed in 2010 and the whole city is planned to be fully completed by 2020. The city aims to diversify the nation's oil-based economy by bringing direct foreign and domestic investments.

(3)Kashgan Fields

Kashanga is huge oil field with shallow waters it is the largest oil discovery world in 40 years. It is located about 80 kilometers offshore otter owl Kazakhstan in the north Caspian sea. It is the first offshore oil field development project in Kazakhstan. The first phase of the Kashgan was developed with an investment of about 55 billion dollars. It represent the largest international investment in Kazakhstan to date. It was developed in a harsh marine environment. It is also considered one of the most technically challenging oil gas projects in the world. That has been completed to date. The cost of the entire project is 116 billion us dollars.

Where is Kashgan field?

Kashagan is a massive shallow-water oil field located approximately 80km offshore Atyrau, Kazakhstan, in the North Caspian Sea.

What kind of oil does Kazakhstan produce?

crude oil

Kazakhstan's crude and condensate output in 2019 was 1.965 million bpd. It increased by 4.8% in 2018 and reached 1.814 million bpd. In 2017, Kazakhstan produced 1.73 million bpd of crude oil.

Who does Kazakhstan Export oil to?

China

Kazakhstan exports its oil via three main routes through Russian ports, via the Caspian Pipeline Consortium (CPC) system, and via pipeline to China.

How much of the world’s oil is in Kazakhstan?

Kazakhstan holds 30,000,000,000 barrels of proven oil reserves as of 2016, ranking 12th in the world and accounting for about 1.8% of the world's total oil reserves of 1,650,585,140,000 barrels. Kazakhstan has proven reserves equivalent to 252.9 times its annual consumption.

(2)International Space Station

It is a standard space station in low earth orbit it is a multinational collaborative project it includes five participation space agencies, they are NASA. The Russian space agency ross Cosmas joxa The European space agency. The Canadian space agency ownership and use of the space station is determined by is intergovernmental traties and agreements. The international space station is 150 billion dollars.

What is the next step in the international space station project?

NeXT STEP is a public-private partnership model that seeks commercial development of deep space exploration capabilities to support more extensive human spaceflight missions in and beyond cislunar space. the space near Earth that extends just beyond the Moon.

What was the main goal of the International space station?

The objectives of the Station are to support scientific research and other activities requiring the unique attributes of humans in space, and establish a permanent human presence in Earth orbit.

What countries are involved in the International Space station?

Launched in 1998 and involving the U.S., Russia, Canada, Japan, and the participating countries of the European Space Agency—the International Space Station is one of the most ambitious international collaborations ever attempted. The largest space station ever constructed, the ISS continues to be assembled in orbit.

(1)Connecting American Cities Project

The united stated of America topped the list of the largest and most expensive economic and tourism projects in the world. Giant road project to connect American cities. The project is being built by real estate group Emaar properties. Who are known for building Burj Khalifa in Dubai the world tallest building. The most expensive project in the history of mankind. This project will connect 35 cities, 47000miles and took 35 year to complete. Cost of this gigantic project is estimated at 459 billion dollars.

Why is it important for cities to be connected?

Well-connected inter-city and intra-city regions mitigate these impacts, and result in larger labor markets, increase employment opportunities, and reduce congestion costs.

Are there any new cities being built in the United States

Entrepreneur and investor Marc Lore has revealed plans to develop a new city in the US which will be named Telosa. A location has not yet been secured but possibilities include Nevada, Utah, Idaho, Arizona, Texas, and the Appalachian Region.