Transport Infrastructure is the fixed installations, structures, and networks that provide a framework for the movement of people and goods. Urban transport infrastructure can be collated under five broad headings:
Roads
Bridges and tunnels
Rail and trams
Waterways
Bike paths and walkways
List of 10 Most Expensive Transport Infrastructure in the World?
The 10 most expensive transport infrastructure in the world are;
- High Speed 2 (HS 2) – $136bn
- Chuo Shinkansen – $84bn
- California High-Speed Rail – $80bn
- Northern Powerhouse Rail (NPR) – $47bn
- Suburban Rail Loop – $34bn
- Grand Paris Express – $31bn
- London Crossrail Project – $24bn
- Riyadh Metro – $22.5bn
- Mumbai-Ahmedabad High-Speed Railway Corridor – $15bn
- Klang Valley Mass Rapid Transit Project – $12.2bn
How much does railway infrastructure cost?
According to reports, rail constructions per mile cost between $1 Million – $2 Million per mile. In 2021 alone, governments spent over US$500 billion on 276 rail construction projects.
Why are US rail projects so expensive?
As per reports, rail projects in the United States are so expensive as a result of inflation and higher construction costs. According to Brian Kelly, CEO of the California High-Speed Rail Authority, the government has spent US$9.8 billion thus far for rail projects.
