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Gateway Tunnel Project

Sector: Rail • Location: New York, New Jersey, United States

Source: Bergen Record

Project
Under Construction

The Gateway Tunnel Project is a $16 billion program to build a new two-track rail tunnel under the Hudson River and repair the 115-year-old existing tunnel. The project aims to improve rail service for approximately 200,000 NJ Transit and Amtrak riders and includes multiple active construction sites. Despite political challenges and funding reviews, construction has continued using cash-on-hand an

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The project “Gateway Tunnel Project” is an infrastructure initiative in the Rail sector, located in New York, New Jersey, United States. Taiyo aggregates data on it from Bergen Record.

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Participants

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Status

Original status

under construction

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Description

Description

The Gateway Tunnel Project is a $16 billion program to build a new two-track rail tunnel under the Hudson River and repair the 115-year-old existing tunnel. The project aims to improve rail service for approximately 200,000 NJ Transit and Amtrak riders and includes multiple active construction sites. Despite political challenges and funding reviews, construction has continued using cash-on-hand and a line of credit.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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