PUBLISHER: GlobalData | PRODUCT CODE: 1706683
PUBLISHER: GlobalData | PRODUCT CODE: 1706683
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 $1.26 trillion, comprising projects at all stages of development from announcement to execution. The total pipeline value reflects the overall values of projects that are either entirely tunnels or that have tunnels as an integral part of the work. In terms of region, Western Europe leads investment in tunnel infrastructure with a pipeline valued at $329.5 billion - equivalent to 26.1% of the global value of tunnel projects - followed by North-East Asia with a project pipeline valuing $327.7 billion, Australasia with a pipeline valued at $150.1 billion, and Middle East and North Africa with projects totaling $128.6 billion. Assuming all projects proceed as planned and that spending is evenly distributed over the construction phase, global spending on tunnel projects (including infrastructure projects with integral tunnelling works) may reach approximately $80.9 billion in 2025, $107.6 billion in 2026, and $123.5 billion in 2027.