Four of the ten largest railway projects by investment are located in Europe. Railway Technology lists the ten biggest railway constructions under development worldwide, based on their project cost.
Eurasia is home to some of the world’s largest railroad operators such as Deutsche Bahn, SNCF, JSC Russian Railways and Indian Railways. Railway-technology.com lists the world’s biggest railway operators based on 2018 revenues.
Melbourne Metro Rail Authority has awarded a A$11bn ($8.4bn) contract to the Cross Yarra Partnership for the construction of a metro rail tunnel project in Australia.