PUBLISHER: GlobalData | PRODUCT CODE: 1861084
PUBLISHER: GlobalData | PRODUCT CODE: 1861084
This report provides a detailed analysis of tunnel construction projects globally, based on projects tracked by GlobalData.
The global tunnel construction projects pipeline, as tracked by GlobalData, stands at $1.5 trillion, comprising projects at all stages of development from announcement to execution. By region, North-East Asia leads investment in tunnel infrastructure with a pipeline valued at $395.3 billion - equivalent to 27.2% of the global value of tunnel projects - followed by Western Europe with a project pipeline valuing $341.7 billion, Australasia with a pipeline valued at $167.3 billion, and North America with projects totaling $126.6 billion. Of the pipeline, projects currently in the pre-planning (announcement and study) stage have a value of $114.5 billion and those in planning have a value of $358.9 billion, while those in the pre-execution stages (design, tender and award) total $175.2 billion, and those in the execution stage account for more than half (55.4%) of pipeline value, at a value of $805.1 billion