TexasCentral Signs $16B Contract for High-Speed Train

Texas Central, developer of the high-speed train between Dallas and Houston, has signed a $16 billion contract with Webuild (operating in the U.S. market with The Lane Construction Corporation) to lead the civil construction team that will build the Texas passenger line. The announcement is the latest milestone for the investor-led project – a 200 mph train connecting the state’s largest population and economic regions in 90 minutes, with a midway stop in the Brazos Valley.

“Our goal is to put together a team of the best players in the world from each industry needed to bring this project to life. The addition of Webuild helps us accomplish that goal,” said Carlos Aguilar, CEO of Texas Central.

Civil engineering contractor Webuild is active in more than 50 countries on five continents, with experience in building 8,500 miles of railway and metro infrastructure around the world. It has built many high-speed train projects in Europe, and some projects in the wider transport sector including the expansion of the Panama Canal, the Grand Paris Express and the Anacostia River, and Northeast Boundary tunnels in Washington, D.C.

Webuild expanded its presence in 2016, merging with U.S.-based Lane, which has almost 130 years of experience in infrastructure work.