Central Station in Sydney has been ranked as one of the worst major transport hubs in the world.

A new report investigating 27 major rail hubs worldwide looks at how a station fits into its local environment, how far from the city centre it is, how many different modes of transport connect to it, and if it gives the area an economic boost.

Central Station was largely criticised for its location.

Central Station was largely criticised for its location. (9NEWS) (9news)

It was not good news for Melbourne’s Southern Cross or Brisbane’s Roma Street either with the two stations also criticised for lagging behind major global terminals, particularly for being too far away from the city centre.

New York's Grand Central topped the list followed by Washington Union, the report by design and consultancy firm Arcadis stated, which gives a Mobility Oriented Development score.

Central Station was ranked as the second worst with a metro station in Chile at the bottom.

A new report investigating 27 major rail hubs worldwide looks at how a station fits into its local environment. (9NEWS) (9news)

Central Station was ranked as the second worst with a metro station in Chile at the bottom. (9NEWS) (9news)

Last week, the NSW Government announced a major redevelopment at Central Station with a new concourse connecting two sections of the station.

A contract to build the "Central Walk" was awarded to international firm Laing O'Rourke at a cost of $955 million.

The $955m project is expected to cause disruptions for four years.

The station will be excavated to make way for the Sydney Metro.

The project will involve the closure of platforms 13 and 14 as a new 19-metre-wide underground concourse from Chalmers Street to the suburban platforms is built.

Construction disruption will last for four years as the station is excavated to make way for the Sydney Metro.

Central Station is expected to jump up the list once it becomes more of a destination in its own right. (9NEWS) (9news)