Lots of $1-Billion-Plus North American Projects to Kick Off in 2017

Researched by Industrial Info Resources (Sugar Land, Texas)--North America could see the construction kick-off next year of more than 100 projects each valued at $1 billion or more. In many cases, a lot more.

Liquefied natural gas (LNG) plants in Canada, an international airport in Mexico and a multitude of projects in the U.S. are just some of the active high-dollar projects being tracked by Industrial Info that are presently slated to start construction in 2017.

Of course, plans change, so it is not expected that all of the projects will kick off next year. Even so, the numbers are impressive.

Canada has bragging rights to two big LNG projects that are scheduled to start construction in 2017, each worth $10 billion.

In September, Canada's federal government approved the Pacific NorthWest LNG (Liquefied Natural Gas) project in British Columbia, with no less than 190 legally binding conditions. The proposed site for the project is Lelu Island, which is two miles south of Port Edward, British Columbia. The major component is the LNG liquefaction plant, will consist of two trains, each with a capacity of 6 million tons of LNG per year; two LNG storage tanks, each with a capacity of 180,000 cubic meters; and boat-loading facilities to export the product to Asian markets. The natural gas feedstock is to be sourced from the North Montney Shale. The project by Malaysia's Petroliam Nasional Berhad (Petronas) is expected to kick off in the first quarter of 2017, with completion in the first quarter of 2021. For more information, including management and contractor contact information, see Industrial Info's project report.

Also, a final investment decision is expected in the near future for the grassroot Prince Rupert LNG liquefaction Plant in British Columbia. The project by Royal Dutch Shell plc (NYSE:RDS.A) (The Hague, Netherlands) would include two trains producing 7 million metric tons per year each of LNG for shipment to Asian markets. Construction could start in mid-2017, with completion in mid-2019. The timing of projects such as these has been the subject of some speculation due to the current global LNG market glut. For more on this project, see Industrial Info's project report.

In Mexico, site preparation is under way for the grassroot Ciudad de Mexico Grassroot International Airport in Mexico City, valued at $12 billion. The airport will start operations with three runways, and be able to handle an estimated 50 million per year. For more on this project, see Industrial Info's project report.

Back in the U.S., some of the notable high-dollar U.S. projects currently set for kickoff in 2017 include: Formosa Plastics Corporation USA's (Livingston, New Jersey) petrochemical complex in St. James Parish, Louisiana; Barrick Gold Corporation's (NYSE:ABX) (Toronto, Ontario) above-ground gold mine in Crooked Creek, Alaska; and a 725-mile power transmission line by Trans West Express LLC (Denver, Colorado) that would stretch between Wyoming and Nevada.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.