MPA Delivery Partners Selected for Hudson Tunnel Project, The Most Urgent Infrastructure Project in the U.S. [Yahoo! Finance]
ARCADIS NV S/ADR (ARCAY)
NASDAQ:AMEX Investor Relations:
theglobeandmail.com/investing/markets/stocks/arcay/pressreleases/899710
Company Research
Source: Yahoo! Finance
venture, announced today that the team has been selected by the Gateway Development Commission (GDC) as the delivery partner for the $16 billion Hudson Tunnel Project (HTP). Together, the firms will coordinate among all stakeholders, contractors, and consultants to ensure that the project satisfies GDC's requirements. The Hudson Tunnel Project will improve capacity, reliability, and resiliency of commuter and intercity rail transit on the busiest section of the Northeast Corridor, which serves 800,000 daily passengers from Washington, D.C. to New York, New Jersey, and New England. A milestone project supported by the bipartisan Infrastructure Investment and Jobs Act (IIJA), the project is slated to receive nearly $12 billion in federal funding, the largest investment in a mass transit project in modern history. “The Hudson Tunnel Project is a critical, once-in-a-generation effort that will embody the excellence of our nation's future infrastructure,” said Mark Fialkowski, presiden
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