MRT Corp awards $740m contract for Penang Mutiara LRT line
Malaysia Rapid Transit Corporation (MRT Corp) has awarded a RM3.028bn ($740m) system turnkey contract to the joint venture (JV) between…
Rail Infrastructure
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Construction begins on $1.6bn TIME-1 project in Stratford, Connecticut
A groundbreaking ceremony was held in Stratford, Connecticut, US, to mark the start of construction on the $1.6bn TIME-1 project…
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Webuild an Vianini Lavori to start work on Rome Metro Line C T1 extension
A general contractor led by Webuild and Vianini Lavori is set to commence construction on the T1 extension of Rome…
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AfDB approves $878m funding for Algerian railway project
The African Development Bank Group (AfDB) has approved $878.09m in financing for Algeria to support the second phase of the…
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Webuild completes tunnel excavation for Lima’s new Metro Line 2 in Peru
Webuild has announced the completion of tunnel excavation works for the new Line 2 of Metro de Lima, Peru’s urban…
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Rail dominates investment in the world’s largest tunnel construction projects with $383bn
The world’s 20 largest tunnel construction projects account for $538.11bn of investment, spanning rail, roads, water infrastructure and energy. Yet…
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Tanzania’s FY2026–27 budget focuses on the development of infrastructure
Tanzania's Ministry of Finance presented its Fiscal Year (FY) 2026–27 (1 July 2026 to 30 June 30 2027) budget speech on…
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The world’s largest rail projects account for more than $988bn of investment
The world's largest rail projects represent almost $988bn of investment. The ranking spans Asia, North America, Europe, Africa and Australia,…
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China’s rail expansion raises the stakes for a $6.7tn global construction market
In January 2026, China’s national railway operator confirmed its ambition to increase China's operational railway network to around 180,000km by…
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Tunnelling work begins on Mumbai-Ahmedabad bullet train project
Excavation has commenced for the Mumbai-Ahmedabad high-speed rail project in Mumbai using what is described as India's largest tunnel boring…
