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Railway construction projects

The global railway projects pipeline is worth $5.83tn, according to GlobalData. Railway Technology’s railway construction projects dashboard provides analysis and insights into global railway construction projects, the railway construction project pipeline by value and volume, and the construction momentum index for rail projects.

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GlobalData's Construction Intelligence Center is the complete source of project, market, company and theme intelligence for the global construction sector.

Rail construction project pipeline volume by country

Railway Technology presents an analysis of the world’s major railway construction projects in various stages by volume and location, using GlobalData’s most comprehensive Construction Projects database.

A total of 90 rail construction projects were started in 2020. China had the highest number of rail projects whose construction was commenced in 2020 with 33 projects, followed by Australia with 13 and India with nine projects.

Railway construction project pipeline value by country

The value, rather than volume, helps to understand the economic impact of rail projects better. Railway Technology presents an analysis of rail construction projects in various stages of construction located across the world, using GlobalData’s rich database of projects.

Rail construction projects with a combined value of $142.24bn were commenced in 2020. China started projects worth $88.29bn, followed by Australia with $10.18bn and Indonesia with $9.5bn.

Global railway construction projects momentum index

The momentum index is based on scoring the latest developments on projects from +5 to -5 based on the degree to which a development is positive, such as construction commencing or a contract awarded, or negative, such as delays or cancellations. The overall momentum score is the average score for the month, weighted by the project values.

Using GlobalData’s comprehensive and continuously updated database of railway construction projects, Railway Technology calculates the monthly and trend scores of projects.

Monthly score is the average event score for all projects updated in a month, while trend score is the three-month moving average of the monthly score.

Top 100 global railway construction projects

Railway Technology lists the world’s biggest rail projects by value, based on GlobalData’s research data.

Moscow-Yekaterinburg High Speed Railway Line, Russia, High Speed 2 Rail Link, UK, and High-Speed Rail Line, US topped the list of the world’s 100 biggest rail projects by value as of November 2021. The top five rail projects had a combined value of $508.1bn.

Project Name Project Value(US$ m) Project Owner Location Stage
Moscow-Yekaterinburg High Speed Railway Line 157,000 High Speed Rail Lines Russia Planning
High Speed 2 Rail Link 86,000 High Speed Two Hs2 Ltd United Kingdom Execution
High-Speed Rail Line 80,300 California High-Speed Rail Authority United States Execution
Trans-Asean Railway Line 67,300 Thailand Ministry of Transport (MoT) Thailand Execution
Tokyo to Nagoya Maglev Line 65,222 Central Japan Railway Co Japan Execution
Gwadar-Kashgar Railway Line 62,000 China’s Ministry of Railways;Ministry of Railways, Pakistan Pakistan Planning
Northern Powerhouse Rail 52,280 Department for Transport (DfT), UK;High Speed Two Hs2 Ltd;Network Rail Ltd;Transport for the North United Kingdom Planning
Tel Aviv Underground Metro System 45,527 NTA - Metropolitan Mass Transit System Israel Planning
Dalian-Yantai Undersea Railway Tunnel 42,395 State Council Of China China Planning
CST Freight Metro Tunnel 38,828 Forderverein Cargo Sous Terrain Switzerland Planning
Lyon-Turin High Speed Rail 38,080 Lyon Turin Ferroviare (LTF) France Execution
Grand Paris Express Metro Rail 37,415 Societe du Grand Paris (SGP) France Execution
Melbourne Suburban Rail Loop 36,666 Rail Projects Victoria;Victoria Government Australia Study
New Moscow Metro Line Development 34,000 SUE Moscow Metro Russia Execution
Delhi to Chennai High-Speed Railway Line 32,300 High Speed Rail Corporation of India;Rail Vikas Nigam Ltd India Study
Cross Island MRT Line 28,978 Land Transport Authority of Singapore Singapore EPC Award
Chuo Shinkansen Maglev Line Expansion: Nagoya to Osaka Section 28,400 Central Japan Railway Co Japan Planning
Crossrail Line I 25,853 Bechtel Corp;Crossrail Ltd United Kingdom Execution
Riyadh Metro 24,800 The Royal Commission for the City of Riyadh Saudi Arabia Execution
Dubai Metro 23,000 Dubai Roads & Transport Authority United Arab Emirates Execution
Treno ad Alta Velocita High Speed Railway Line 22,600 Rete Ferroviaria Italiana Spa;SNCF Reseau Italy Execution
Mumbai-Nagpur High-speed Rail Corridor 21,322 Ministry of Railways, India India Planning
Hyperloop One Network 21,000 Government of Finland;Government of Sweden Sweden Study
Chennai-Bangalore-Coimbatore-Ernakulam-Thiruvananthapuram High-Speed Rail Corridor 20,000 Ministry of Railways, India India Study
Sydney Metro West 19,631 Transport for NSW Australia EPC Award
Delhi-Jaipur-Ajmer-Jodhpur High-Speed Rail Corridor 18,300 Ministry of Railways, India India Planning
Budapest to Constanta High Speed Rail Link 17,814 Ministry of National Development, Hungary;Ministry of Transport and Infrastructure, Romania Romania Planning
Mumbai to Ahmedabad High-Speed Rail Corridor 17,201 National High Speed Rail Corp Ltd India Execution
Tehran Metro Line 17,000 Tehran Urban & Suburban Railway Company (TUSRC) Iran Design
Tallinn to Helsinki Undersea Railway Tunnel 16,681 Harju County Government;Helsinki City Council;Helsinki-Uusimaa Regional Council;Ministry of Economic Affairs and Communications;Ministry of Transport and Communications, Finland;Tallinn city Government Estonia Planning
Dar Es Salaam-Isaka-Kigali/Keza-Musongati Railway Line 16,000 Reli Assets Holding Co Ltd;Rwanda Transport Development Agency Tanzania Execution
Hyderabad-Dornakal-Vijayawada-Chennai High Speed Rail Corridor 16,000 Ministry of Railways, India India Planning
Bangkok to Chiang Mai High Speed Railway Line 15,320 State Railway of Thailand Thailand Planning
Chennai Metro Rail 14,887 Chennai Metro Rail Ltd India Execution
Tel Aviv Light Rail System 14,000 Israel Ministry of Transport, National Infrastructures and Road Safety;NTA - Metropolitan Mass Transit System Israel Execution
Trans-Hudson Tunnel Development 12,300 Gateway Program Development Corporation;National Railroad Passenger Corp;New Jersey Transit;The Port Authority of New York and New Jersey United States Pre-Design
Guangzhou-Zhanjiang High-Speed Railway 12,228 Guangdong Zhujiang Investments Co Ltd China Execution
Mumbai Metro Rail Development 12,000 Mumbai Metropolitan Region Development Authority India Execution
East Side Access Tunnel 12,000 Metropolitan Transportation Authority United States Construction Complete
Lagos to Calabar Railway Line 11,117 Ministry of Transportation, Nigeria Nigeria EPC Award
Dhaka to Chittagong High-Speed Rail Line 11,000 Ministry of Railways, Bangladesh Bangladesh Design
Bohai Rim Intercity Rail Transit 10,650 China National Railway Group Co Ltd China Execution
Saudi Land Bridge Railway Line 10,600 Public Transport Authority Of Saudi Arabia Saudi Arabia Pre-Tender
Melbourne Metro Rail Tunnel 10,556 Melbourne Metro Rail Authority;The Department of Transport, Victoria Australia Execution
Yancheng-Taizhou-Wuxi-Changzhou-Yixing Intercity Rail Line 9,933 China National Railway Group Co Ltd China Planning
Ganzhou-Shenzhen High-Speed Railway Development 9,670 China National Railway Group Co Ltd;People's Government of Guangdong ProvInce;People's Government of Jinagxi ProvInce China Construction Complete
Bogota Metro System 9,600 Metro De Bogota Colombia Execution
Fehmarn Belt Fixed Link 9,503 Femern AS Germany Execution
Jakarta Mass Rapid Transit 9,500 PT Mass Rapid Transit Jakarta Indonesia Execution
Purple Line Extension 9,300 Los Angeles County Metropolitan Transportation Authority United States Execution
Navi Mumbai Metro Rail 9,098 City and Industrial Development Corporation of Maharashtra Ltd India Execution
Beijing Metro Line 22 (Pinggu Line) 8,866 Beijing Infrastructure Investment Co Ltd;Beijing MTR Construction Administration Corporation China Execution
Eglinton to Scarborough Crosstown LRT 8,400 Metrolinx Canada Execution
Montreal Metropolitan Light Rail Line Extension 8,209 City of Montreal;Government of Quebec;Ministry of Transport Quebec Canada Planning
Bangkok Metro Orange Line 7,860 Mass Rapid Transit Authority of Thailand Thailand Execution
Chengdu Metro Line 16 6,640 Chengdu Metro Co Ltd China Planning
Jining Metro Line 1 5,999 Jining Urban Rail Transit Co Ltd China Planning
Bangkok to Ubon Ratchathani High-Speed Railway Line 5,988 State Railway of Thailand Thailand Planning
Bangkok to Padang Besar High-Speed Railway Line 5,755 Ministry of Transport, Malaysia;State Railway of Thailand Malaysia Study
Dulles Corridor Metrorail 5,686 Washington Metropolitan Area Transit Authority United States Execution
Lima Metro Line 2 5,659 Autorida Autonoma del Tren Electrico (AATE) Peru Execution
Hangzhou Metro Line 7 5,500 Hangzhou Metro Group Co Ltd China Execution
Chengdu Metro Line 12 5,358 Chengdu Metro Co Ltd China Planning
Chengdu Metro Line 15 5,066 Chengdu Metro Co Ltd China Planning
Afghanistan-Pakistan-Uzbekistan-Russia Rail Link 5,000 Ministry of Transport, Afghanistan Afghanistan;Uzbekistan;Pakistan;Russia Planning
Taipei MRT: Circular Line Phase II 4,618 Department of Rapid Transit Systems, Taipei City Government Taiwan Execution
Jinan Metro Line M6 4,572 Jinan Metro Group Co Ltd China Pre-Design
Scarborough Subway Extension Line 2 4,560 Ministry of Transportation, Ontario Canada Execution
Zhengzhou Metro Line 9: Phase II 4,232 Zhengzhou Rail Transit Co Ltd China Planning
Chizhou-Jiujiang Intercity Railway 4,006 China National Railway Group Co Ltd China Planning
Delhi-Agra-Lucknow-Varanasi-Patna High Speed Rail Corridor 4,000 Ministry of Railways, India India Planning
Wollongong-Sydney Railway Line Upgrade 3,890 Transport for NSW Australia Planning
Baotou-Lanzhou Railway: Yinchuan-Lanzhou Section 3,743 Lanzhou Railway Bureau China Planning
Trelleborg to Stralsund Railway Tunnel 3,662 Trafikverket (Swedish Transport Administration) Germany Planning
Quanzhou Metro Line 2 3,600 Quanzhou Rail Transit Group Co Ltd China Planning
Caulfield to Rowville Light Rail 3,582 The Department of Transport, Victoria Australia Planning
Jinchengjiang-Nanning Railway Line 3,569 Ministry of Railways, China (Inactive) China Execution
East Kalimantan to Central Kalimantan Coal Rail Line 3,558 Ministry of Transportation Indonesia Indonesia Planning
Huizhou Metro Line 4 3,500 Guangdong Huizhou Communications Investment Group Co Ltd China Planning
Qingdao Metro Line 10 3,460 Qingdao Metro Group Co Ltd China Planning
Puruk Cahu to Batanjung Coal Railway Line 3,459 National Development Planning Agency (BAPPENAS), Indonesia Indonesia EPC Award
Huai'an-Xinyi High-Speed Railway Line 3,437 Government of China China Study
Pulau Baai to Muara Enim Coal Railway Line 3,400 Komite Percepatan Penyediaan Infrastruktur Prioritas;Ministry of Transportation Indonesia Indonesia Pre-Tender
Shaoxing Metro Line 5 3,336 Shaoxing Urban Transit Group Co Ltd China Planning
Jammu to Poonch Rail Line 3,267 Ministry of Railways, India India Planning
Taiyuan Metro Line 1: Phase I 3,148 Taiyuan Metro Construction Management Office China Execution
Yangzhou Metro Line 1 3,052 Yangzhou Government China Study
Tavan Tolgoi to Choibalsan Railway Line 3,000 Mongolian Railways Mongolia Execution
Gwadar-Khunjrab Railway Link 3,000 Ministry of Railways, China (Inactive);Ministry of Railways, Pakistan Pakistan Planning
Handan Metro Line 5 2,831 Handan People's Government China Study
Ciudad del Este to Pilar Railway Line 2,800 Ministerio de Obras Publicas y Comunicaciones Paraguay Study
Reseau Express Grand Lille Railway Line Development 2,780 Regional Council Nord-Pas de Calais France Planning
Harbin Metro Line 9 2,772 Harbin Metro Group Co Ltd China Planning
Dalat Urban Monorail 2,674 Ministry of Transport and Communications, Vietnam Vietnam Planning
Shijiazhuang Metro Line 4 2,457 Shijiazhuang Metro China Planning
Yangzhou Metro Line 5 2,200 Yangzhou Government China Planning
Mount Isa To Tennant Creek Rail Link 2,183 Australian Transport and Energy Corridor Ltd (ATEC);Avenira Ltd Australia Planning
Baan Phai-Maha Sarakham-Mukdahan-Nakhon Phanom Railway Line 2,098 State Railway of Thailand Thailand Pre-Design
Luzhou Metro Line 2: Phase I 2,045 Sichuan Government China Planning
Metro System Expansion Line F 2,000 Subterraneos de Buenos Aires S.E. (SBASE) Argentina Planning
Shantou Metro Line 1 2,000 Shantou Municipal Government China Planning
Metro Line IV Development 1,974 BKV Rt. DBR Metro Projekt Igazgatosag Hungary Planning
Source: GlobalData Top Global Projects

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