PUBLISHER: GlobalData | PRODUCT CODE: 2032125
PUBLISHER: GlobalData | PRODUCT CODE: 2032125
The global tunnel construction projects pipeline, as tracked by GlobalData, currently stands at $1.2 trillion, comprising projects at all stages of development from announcement to execution. By region, Western Europe leads investment in tunnel infrastructure with a pipeline valued at $348.75 billion - equivalent to 30.1% of the global value of tunnel projects - followed by North-East Asia with a project pipeline valuing $292.8 billion. Of the pipeline, projects currently in the pre-planning (announcement and study) stage have a value of $129 billion and those in planning have a value of $195.8 billion. Comparatively, projects currently in the pre-execution stages (design, tender and award) total $163.9 billion, while those in the execution stage account for more than half (57.8%) of pipeline value, at a value of $669.4 billion.