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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Railway

ECSB wins $447m contract for Malaysia-Singapore rail link project

Ekovest Construction (ECSB) has received a $447m engineering, procurement and construction (EPC) contract for the high-speed railway project that will connect Malaysia with Singapore. Malaysia Rapid Transit System (MRTS) has selected ECSB as the collaborative...

Railway

Ireland’s €9.5bn MetroLink project secures Cabinet nod

The Irish Cabinet has given the go ahead to the National Transport Authority (NTA) and...

Rail construction project pipeline volume by country

Railway Technology provides insight into the number of new railway projects in the world by country and stage of development.

As at the start of 2022, Railway Technology had identified 3,026 railway projects over $25m at various stages of development, including 1,219 in execution.

By country, China was home to the highest number of railway projects with 614 projects, followed by India and the US with 310 and 209 projects, respectively.

Railway construction project pipeline value by country

Railway Technology provides an analysis of the total investment value of railway projects by country and stage of development, based on GlobalData’s construction projects database.

The total pipeline of new railway construction projects over $25m had a combined value of $13.20tn at the start of 2022.

By country, China had the largest pipeline of over $25m new railway projects, worth a total of $3.38tn, followed by the US and Singapore with $921.36bn and $780.90bn, respectively.

China had railway construction projects in the execution phase worth $211.90bn, followed by Singapore with $738.12bn and the US with $470.90bn in 2021.

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 of all project developments in each month, weighted by the project values.

The railway construction projects momentum index, which is based on GlobalData’s construction projects database, depicts the monthly and trend scores of projects.

Monthly score is the average event score for all project developments in each month, while the 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.

High Speed 2 Rail Link, UK, High-Speed Rail Line, US, and Trans-Asean Railway Line, Thailand topped the list of the world’s 100 biggest rail projects by value as of May 2022. The top five rail projects had a combined value of $360.8bn.

Project Name	Project Value(US$ m)	Project Owner	Location	Stage
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	Ministry of Transport, Thailand	Laos;Thailand;Cambodia;China;Singapore;Malaysia	Execution
Tokyo to Nagoya Maglev Railway Line	65,222	Central Japan Railway Co	Japan	Execution
Gwadar–Kashgar Railway Line	62,000	Ministry of Railways, China;Ministry of Railways, Pakistan	Pakistan;China	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)	Italy;France	Execution
Lyon-Turin High Speed Rail	38,080	Lyon Turin Ferroviare (LTF)	Italy;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	EPC Award
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
Paris-Normandie New Railway Line	32,119	SNCF Reseau	France	Planning
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
Riyadh Metro	24,800	The Royal Commission for the City of Riyadh	Saudi Arabia	Execution
Crossrail Line I	23,770	Bechtel Corp;Crossrail Ltd	United Kingdom	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	France;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	Finland;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
Zhengzhou-Wanzhou Railway Line	18,189	China National Railway Group Co Ltd;Zhengzhou Railway Bureau	China	Execution
Ho Chi Minh City Metro Rail System	18,000	Management Authority for Urban Railways	Vietnam	Execution
Dublin-Belfast High-Speed Rail Link	17,826	Iarnrod Eireann - Irish Rail;Northern Ireland Railways Company Limited	Ireland;United Kingdom	Study
Budapest to Constanta High Speed Rail Link	17,814	Ministry of National Development, Hungary;Ministry of Transport and Construction, Romania	Hungary;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, Estonia;Ministry of Transport and Communications, Finland;Tallinn city Government	Estonia;Finland	Planning
Dar Es Salaam-Isaka-Kigali/Keza-Musongati Railway Line	16,000	Reli Assets Holding Co Ltd;Rwanda Transport Development Agency	Burundi;Tanzania;Rwanda	Execution
Hyderabad-Dornakal-Vijayawada-Chennai High Speed Rail Corridor	16,000	Ministry of Railways, India	India	Planning
Chennai Metro Rail	14,887	Chennai Metro Rail Ltd	India	Execution
Guangzhou Metro Line 28	14,635	Guangzhou Metro Group Co Ltd	China	Planning
Shatin–Central Railway Link	14,500	MTR Corp Ltd	Hong Kong	Execution
Tel Aviv Light Rail System	14,000	Ministry of Transport, National Construction and Road Safety, Israel;NTA - Metropolitan Mass Transit System	Israel	Execution
Bangkok to Chiang Mai High Speed Railway Line	13,557	State Railway of Thailand	Thailand	Planning
Guangzhou-Shanwei-Shantou High-Speed Passenger Rail Line	12,484	Guangdong ProvIncial Department of Transport	China	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
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
Melbourne Metro Rail Tunnel	10,556	Melbourne Metro Rail Authority;The Department of Transport, Victoria	Australia	Execution
St. Louis to Kansas City Hyperloop Track	10,400	Virgin Hyperloop One	United States	Planning
Yancheng-Taizhou-Wuxi-Changzhou-Yixing Intercity Rail Line	9,933	China National Railway Group Co Ltd	China	Planning
Bogota Metro System	9,600	Metro De Bogota	Colombia	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 Construction 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
Fehmarn Belt Fixed Link	7,584	Femern AS	Germany;Denmark	Execution
Saudi Land Bridge Railway Line	7,000	Saudi Railway Co	Saudi Arabia	Pre-Tender
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;Thailand	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
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
Scarborough Subway Extension Line 2	4,560	Ministry of Transportation, Ontario	Canada	Execution
Zhengzhou Metro Line 9: Phase II	4,235	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
Trelleborg to Stralsund Railway Tunnel	3,662	Trafikverket (Swedish Transport Administration)	Sweden;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	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
Huai'an-Xinyi High-Speed Railway Line	3,437	Government of China	China	Study
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	Planning
Tavan Tolgoi to Choibalsan Railway Line	3,000	Mongolian Railways	Mongolia	Execution
Gwadar-Khunjrab Railway Link	3,000	Ministry of Railways, China;Ministry of Railways, Pakistan	China;Pakistan	Planning
Handan Metro Line 5	2,831	Handan People's Government	China	Study
Ciudad del Este to Pilar Railway Line	2,800	Ministry of Public Works and Communications, Paragua	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	EPC Award
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