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October 27, 2021updated 28 Oct 2021 6:03am

Five largest railway infrastructure construction projects initiated globally in Q3 2021

Here are the largest railway infrastructure construction projects initiated globally in Q3 2021, according to GlobalData’s construction projects database.

1. Chennai Metro Rail – $14,887m

The project involves the construction of a rapid transit rail system in Chennai, Tamil Nadu, India.

Construction work started in Q3 2021 and is expected to be completed in Q4 2026.

Chennai Metropolis has been growing rapidly and the traffic volumes on the roads have also been increasing enormously. This project will decrease the congestion on roads.

2. Liuzhou-Wuzhou Railway Line – $4,793m

The project involves the construction of a 237.78km railway line from Liuzhou to Wuzhou in Guangxi, China.

Construction work commenced in Q3 2021 and is expected to finish in Q4 2025.

3. Caracas Metro Line 5 – $3,992m

The project involves the construction of a metro system in Caracas, Venezuela.

Construction work started in Q3 2021 and is forecast to complete in Q3 2024.

The objective of the project is to build a rail system to reduce traffic congestion and travel distance in the region.

The metro line will connect Zona Rental II, Bello Monte, Las Mercedes, Parque Simón Bolívar, Bello Campo, Hugo Chávez, Monte Cristo, Boleita, El Marqués and Warairarepano areas in Caracas, Venezuela.

4. Mexico City Metro Line 1 Modernization – $1,938m

The project involves the modernization of Metro Line 1 in Mexico City, Mexico.

Construction work commenced in Q3 2021 and is expected to be completed in Q4 2023.

The objective of the project is to provide safer and more environmentally transport options in the region.

5. Changsha Metro Line 2 West Extension: Phase II – $1,910m

The project involves the construction of a 13.82km metro line in Changsha, Hunan, China.

Construction work started in Q3 2021 and is expected to be completed in Q4 2025.

The project aims to upgrade urban infrastructure and reduce traffic congestion.

Methodology: This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.

Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.

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