finance
Agency Approves $1.29 Billion Contract for $16 Billion Hudson River Rail Tunnel Project
An agency overseeing the Gateway rail tunnel project under the Hudson River has approved a $1.29 billion construction contract. The project is valued at $16 billion overall. The approval advances construction on the infrastructure initiative.
Apr 27, 7:46 PM·1m read1 source
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An agency responsible for the new Gateway rail tunnel under the Hudson River has approved a $1.29 billion construction contract, according to @FirstSquawk. The project involves building a rail tunnel valued at $16 billion.
It represents an infrastructure project in the United States.
The contract approval allows construction to proceed on the tunnel. Further developments in the project were not detailed in the report.
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