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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.
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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 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.
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.
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 July 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 Rail Line | 113,000 | California High-Speed Rail Authority | United States | Execution |
| High Speed 2 Rail Link | 86,000 | High Speed Two Hs2 Ltd | United Kingdom | 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 | Execution |
| 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 | Execution |
| Chuo Shinkansen Maglev Line Expansion: Nagoya to Osaka Section | 28,400 | Central Japan Railway Co | Japan | Planning |
| Treno ad Alta Velocita High Speed Railway Line | 27,889 | Rete Ferroviaria Italiana Spa;SNCF Reseau | France;Italy | Execution |
| 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 |
| 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 |
| Jakarta Mass Rapid Transit | 18,500 | PT Mass Rapid Transit Jakarta | Indonesia | Execution |
| Delhi-Jaipur-Ajmer-Jodhpur High-Speed Rail Corridor | 18,300 | Ministry of Railways, India | India | Planning |
| 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 Infrastructure, 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 | 16,800 | 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 |
| Atlanta to Chattanooga High-Speed Rail Corridor | 16,000 | Georgia Department of Transportation;Tennessee Department of Transportation | United States | Study |
| Chennai Metro Rail | 14,887 | Chennai Metro Rail Ltd | India | Execution |
| Guangzhou Metro Line 28 | 14,635 | Guangzhou Metro Group Co Ltd | China | Planning |
| Tel Aviv Light Rail System | 14,000 | Ministry of Transport, National Infrastructure 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 | Planning |
| Guangzhou-Zhanjiang High-Speed Railway | 12,228 | Guangdong Zhujiang Investments Co Ltd | China | Execution |
| Mumbai Metro Rail Development | 12,093 | Mumbai Metropolitan Region Development Authority | India | Execution |
| Jinchengjiang-Nanning Railway Line | 11,953 | Ministry of Railways, China | China | Execution |
| Paris-Normandie New Railway Line | 11,643 | SNCF Reseau | France | Study |
| Yancheng-Taizhou-Wuxi-Changzhou-Yixing Intercity Rail Line | 11,224 | China National Railway Group Co Ltd | China | Planning |
| 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 |
| Honam High-speed Railway | 10,000 | Korea Rail Network Authority | South Korea | Execution |
| Altamont High-Speed Rail Corridor | 9,700 | San Joaquin Regional Rail Commission | United States | Planning |
| Bogota Metro System | 9,600 | Metro De Bogota | Colombia | 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 |
| Bangalore Namma Metro Rail Development | 9,000 | Bangalore Metro Rail Corporation 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 |
| Fehmarn Belt Fixed Link | 7,584 | Femern AS | Germany;Denmark | Execution |
| Saudi Land Bridge Railway Line | 7,000 | Saudi Railway Co | Saudi Arabia | Design |
| Chengdu Metro Line 16 | 6,640 | Chengdu Metro Co Ltd | China | Planning |
| Bangkok Metro Orange Line | 6,576 | Mass Rapid Transit Authority of Thailand | Thailand | Execution |
| 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 |
| 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 |
| 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 |
| 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 |
| Metro System Expansion Line F | 3,000 | Subterraneos de Buenos Aires S.E. (SBASE) | Argentina | 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 |
| 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 |
| 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 |
| Harbin Metro Line 9 | 1,582 | Harbin Metro Group Co Ltd | China | Planning |
The Claymont Rail Station in Delaware is being replaced with a new station, being developed with an estimated investment of $71m.
The Darlington railway station redevelopment is expected to be completed by December 2024.
The redeveloped Oxford railway station will result in better passenger services and faster rail journeys.
The Washington Union Station in Washington DC, US, will be upgraded and expanded to provide an improved passenger service.
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