Israel has announced plans for a US$27 billion expansion to its rail network that would connect the entire country by high-speed rail (HSR).
The project aims to establish a comprehensive connection between its outlying regions and the bustling urban hub of Tel Aviv. The long-term vision includes extending this railway network to Saudi Arabia. This expansion holds the promise of enabling Israelis to access key government and business centers across the nation within a mere 2-hour journey. The proposed new rail route is designed to link the northern city of Kiryat Shmona with the southern Red Sea haven of Eilat.
In parallel, there are ongoing endeavors to establish road links between the Gulf countries and Israel. This initiative seeks to foster heightened trade activities and cost reduction in shipping via truck transportation. Termed the "land bridge," this envisioned corridor would span between Israel and the UAE, passing through Saudi Arabia and Jordan en route to Israeli Mediterranean ports.
The European Investment Bank (EIB) has provided EUR150 Million (US$164 million) for the Western Galilee water desalination project in Israel. Israel's 7th desalination facility, the new Western...
Read moreIDE Technologies has announced that it was awarded the bid to finance, design and construct of Desalination plant public-private partnership (PPP) project in Western Galilee, Israel.
Read moreThe 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 a...
Read moreMetropolitan Mass Transit System Ltd (NTA) in Israel has awarded the Green Line Rail Transit (LRT) concession in Tel Aviv to TMT Consortium, comprising of Alstom, Electra Ltd. and Dan Transportation....
Read moreTrans Israel has announced that six consortia have been prequalified for the Haifa-Nazareth light rail PPP project in the north of Israel. The six teams are following: Dan Bus (Israel), CREC (China...
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