The Ministry of Finance in Israel has shortlisted five bidders for the development of the Blue line light rail project in Jerusalem, Israel.

The project is being procured on Build, Finance, Operate and Maintain (BFOM) model under a public-private partnership (PPP). The Blue line will be 31 km long with 53 stations including a 2.5 km long underground section with 3 stations. It will feature three LRT lines; line 1 running from the Northern end of Ramot to Gilo, line 2 running from the Hebrew University campus on Mount Scopus to the Malha industrial & leisure complex and line 3 running from Hadassa Ein Kerem Medical center to Talpiot/Armon Hanaziv.

The shortlisted bidders for the project are:

1. Generation Capital and Phoenix Holdings Ltd;
2. JSC Transmasholding, Dan Transportation, and Lapidoth Capital;
3. Shapir Engineering and Industry, CAF, and Noy Infrastructure Fund;
4. Electra Ltd., Minrav Holdings, and Alstom;
5. Shikun & Binui Holdings Ltd. and Egged Holdings.

The concession period for the project is 25 years. The blue line is expected to be operational within 8 years.