Well, it's something. Such a short section doesn't make sense.
How do your build the rest of the forms on either side with the rail sticking out?
Usually the sticks of rail are welded into longer ribbons, how would that work here?
I suspect this rail is a temporary installation. Perhaps testing something.
I find it interesting that there are pieces that look like rubber overhanging with the rail from the ends. Often times rubber flangeway fillers are used at grade crossings, and to me, that's what these look like as best as I can see, or something similar in the very least.
The VLSE's rail is held in place with an elastomeric grout that goes in liquid and solidifies.
So, yes technically the first rail installation, but I suspect it will be temporary until they build up around it.