Metropolitan Transportation Authority (MTA) in New York, USA has selected a joint venture between Halmar International and RailWorks for Penn Station Access concession. The concession involves connection between Penn Station and Metro-North's New Haven rail line, which will drastically reduce commute times to the Bronx, Westchester, and Connecticut.
The joint venture will be responsible for design and construction of following works :
The estimated investment value for the project is US$2.87 billion. The project is scheduled to be operational in 2027.