Texas Central signs $US 16bn construction contract with Webuild

Texas Central Railway, the developer of the high-speed line between Dallas and Houston, has signed a $US 16bn construction contract with Webuild, Italy, and its US subsidiary The Lane Construction Corporation.

Webuild and Lane will oversee the civil engineering works, which entails the design and construction of 379km of railway, viaducts, buildings and services for maintenance and other equipment, industrial buildings, train depots and facilities.

The agreement is the final step ahead of financial closure, due in the coming months, and the start of construction.

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Texas Central signs $US 16bn construction contract with Webuild

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