2.5 times more expensive than Reliance’s market cap! Where is the world’s most expensive project being built – Europe’s transport network is the world’s costliest project

by times news cr

2024-09-05 12:26:28
New Delhi: Big projects are being built in many countries of the world. Looking at inflation and the competition among different countries to outdo each other, it is believed that a project worth one trillion dollars can come up by the year 2030. There are currently nine such megaprojects going on around the world whose cost is more than 100 billion dollars. Four of these projects are in the Arabian Gulf. India also has a project, the Delhi-Mumbai Industrial Corridor. This is probably India’s most expensive project till date. The question arises that which is the most expensive project in the world? The estimated cost of this project is 600 billion dollars, which is about 2.5 times the market cap of the country’s most valuable company Reliance Industries. According to Statis, the most expensive project in the world is Europe’s Trans-European Transport Network. Its estimated cost is 600 billion dollars. Its goal is to modernize Europe’s transport system and connect the whole of Europe. Its cost is increasing due to this constant delay. Under this project, European Union countries will be connected by road, railway, airport and water infrastructure. It is part of a wider trans-European network. It also includes a telecommunications network and an energy network.
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The most expensive projects

Saudi Arabia’s Neom City project is at number two in the list of the world’s most expensive projects. Its estimated cost is $500 billion. Gulf Railway is at number three, which costs $250 billion. Next is the International Space Station. A total of $250 billion is estimated to be spent on this. Kuwait’s Silk City may cost $132 billion. The $100 billion projects include California’s high-speed rail project, Saudi Arabia’s King Abdullah Economic City, Delhi-Mumbai Industrial Corridor and Microsoft/OpenAI Data Center and Subcomputer.

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