Project Insight - Railway Construction Projects: Asia-Pacific
Massive population increases and urbanization in Asia-Pacific have put a strain on transport infrastructure and accordingly transport investment in the region is expected to outstrip all other major global regions in the next decade. The report provides detailed analysis, information and insights based on 826 CIC projects in the Asia-Pacific market. The report provides detailed metrics on the region's railway construction projects (as tracked by CIC) split by country, type (e.g. high speed, conventional commuter and mass rapid transit/metros) and value. Country profiles are provided for the top 10 countries including China, India and Australia.
Timetric’s Construction Intelligence Center (CIC) is currently tracking railway construction projects in Asia-Pacific with a total value of US$2.68 trillion, which includes projects from the announced to execution stages. The regions projects tracked account for 131,050km of railway.
China leads with a value of US$1.35 trillion with the country’s highest value project being the US$42.4 billion Dalian–Yantai Undersea Railway Tunnel followed by India with US$342.4 billion and its highest value project the US$32.6 billion Chennai–New Delhi Corridor High Speed Rail.
Annual spending on the 826 projects tracked is expected to reach US$478.8 billion in 2019.
Leading contractors in the region are China Railway Engineering Corporation (CREC), China Railway Construction Corporation (CRCC) and China Communications Construction Company (CCCC).
The report provides analysis based on CIC projects showing total project values for the Asia-Pacific market and analysis by stage and funding for the top ten countries. The top 50 projects are listed for the region giving country, stage, value, km length and rail sector if known. Ranked listings of the top participants for the sector are also provided showing the leading contractors, consulting engineers and project owners.
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