The research report discusses the future of the railway networks in the Americas in the coming few years. The research report assesses the factors that are likely to support the proliferation of the railway networks across the region and the ones that will restrain it. The publication also studies the historical achievements of railway networks and compares them to the present-day market scenario to determine how the two are likely to affect the trajectory of the same. Analysts have used primary and secondary research methodologies to collate the exhaustive research report for its readers.
According to the research report, the railway construction projects across the Americas is expected to see a massive impetus as the US Administration has planned an investment worth US$200 bn in federal outlays between 2018 and 2026. The railways are an integral part of the American infrastructure. From providing unconditional support to the transportation system to being the backbone of the regional economy, the railways across America have played a pivotal role in defining the progress of the region. Thus, the investments coming in from the rich parts of North America and the developing parts of Latin America are expected to boost the railways infrastructure in the region.
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The Timetrics Construction Intelligence Center (CIC) evaluated the value of railway construction projects across the Americas to US$800.9 bn. This figure is includes the projects that yet to be launched. Collectively, these projects are expected to build a railway track of 50,384km in the country. Presently, the US is leading the railway tracks project in terms of value with US$487.5 bn. The Washington DC-New York High-Speed Rail Line alone contributes about US$100 bn to the ongoing projects. Brazil follows suit with an investment of US$103.7 bn with its most valuable project amounting to US$20.5 bn.
The research report also provides a detailed understanding of the strategies being used by leading contractors such as Dragados and Tutor Perini Corporation. The research report assesses their financial outlook and their future plans to emerge as the leading players. With opinions from consulting engineers, the publication authenticates the nature of these projects and its place in the future cities. The report also states that the public investments are primarily responsible for financing the 61% of the projects, while 24% is funded by joint private and public funding. The remainder 15% of the projects are a result of private funding.
The research report allows the readers the gain insight into the projects, which is deduced by understanding the political positioning of the countries and their technological know-how. The publication also determines the reasons that make certain contractors leaders as against others. The impact of developing economies in the Americas has also been studied by the research analysts. The comprehensive outlook of the overall market is aimed at giving its readers a full-blown understanding of how the railway construction projects are going to aid the region’s economy.
Countries such as Brazil, the US, Peru, Canada, Mexico, Honduras, Venezuela, Bolivia, Chile, and Colombia are studied in this research report. The research discusses the plans of these countries to aid their railway construction projects in the coming years.
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