The Ministry of Finance of the Government of Israel has stated publicly that it will tender the construction and operation of three fast lanes at key road entry points to Tel Aviv later this year. The PPP project has an estimated total investment of ILS5.5 billion (US$1.51 billion).
This project has been in development for over three years. In March 2017, six companies and consortia bid to qualify for the tender, which was then scheduled for the third quarter of 2017. This has now been delayed to late 2018, still with no exact date set.
It has been estimated that completion of the fast lanes will take between 3 and 4 years from the launch of the tender. Private vehicle owners will have to pay user charges, while car pool travelers and public transport users will be able to use the fast lanes for free.
Country updates
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July 17, 2018
US$4 billion light rail PPP tender launched in Israel
NTA Metropolitan Mass Transit System Ltd., the Israeli government company responsible for the design and construction of a mass transit system for the Tel Aviv metropolis, has published an invita...
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June 24, 2018
According to sources, the financing for the project is unlikely to feature any foreign lenders due to revenue risk
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June 20, 2018
RFP for US$9 billion light rail PPP in Jerusalem
The Israeli government's tender committee for the JNET Jerusalem light rail project has published the first package of tender documents. The project, which involves the de...
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June 12, 2018
The Ministry of Defense of the Israeli government has selected ICT City in the Negev, a joint venture between Shikun & Binui and Africa Israel Properties, as the preferred bidder for the project
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May 30, 2018
Israel seeking company to manage tender of US$1.7 billion light rail PPP
Cross Israel Highway Ltd., an Israeli government entity specializing in advanced transport projects, is seeking a private company or consortium to manage the tender of the Haifa-Nazareth lig...
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