Contract awarded for USD1.15 billion Light Rail Transit PPP project in Israel
NTA (Metropolitan Mass Transit Systems) has selected the preferred bidder to deliver the Purple Line light rail Transit PPP in Tel Aviv, Israel. The chosen consortium is formed by the CAF Group and the construction firm Shapir. The CAF Group will also have a 50% stake in the SPV company.
The consortium will be responsible for the design, construction, financing and maintenance of the city's LRV system for a term of 25 years. The scope of the contract also includes the design and supply of 98 new low-floor Urbos trams, each consisting of 5 modules, spanning a length of almost 35 meters. The consortium will also supply the signaling, energy and communication systems, as well as maintain the line.
The new line is expected to be fully operational by 2027.
Country news
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June 19, 2020
FC for largest desalination plant in Israel
The state of Israel has signed the concession agreement with IDE Technologies for the Sorek B desalination plant PPP project, for the Design, Finance, Construction, Operation and Maintenance of a seawater desalination plant based on Reverse Osmosis technology, which will be the largest desalination plant in Israel.
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August 16, 2019
USD2.8bn LRT project awarded in Israel
TransJerusalem J-Net Ltd consortium comprised of CAF Group and Shapir Engineering was awarded a concession to build, operate and transfer light rail project in Jerusalem. The project is a PPP scheme and includes the construction of 27 kilometres of new track, 53 new stations and various depots covering the entire stretch of the current Red Line (6.8 kilometres), and the construction of the new Green Line which is 20.6 km long. The contract also includes the design and supply of 114 new Urbos trams for the new Green Line, and the refurbishment of the 46 units which are currently in service on the existing Red Line.
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March 06, 2019
Six bidders for US$4 billion light rail PPP in Tel Aviv
Six international consortia have applied to pre-qualify to develop two new light rail transit (LRT) lines in Tel Aviv, estimated to cost ILS15 billion (US$4.13 billion).
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January 21, 2019
Tender for US$1.5 billion fast lanes PPP in Tel Aviv progresses to proposal phase
Six prequalified bidding teams have been invited to submit proposals for the ILS5.5 billion (US$1.49 billion) Fast Lanes project in Tel Aviv.
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October 29, 2018
Israeli government signs franchise agreement for US$270 million highway PPP
The government of Israel, represented by the Ministry of Finance accountant general department, the Ministry of Transport, and the National Road Safety Authority, has signed a franchise agreement with Shapir Engineering & Industry and Impresa Pizzarotti for the design, financing, construction, operation and maintenance of a new 5km highway in Jerusalem.
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