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GlobesEconomy

19 International Groups Advance in Israel's $17 Billion Metro Tender

Translated & summarized from Globes by baba

BusinessNeutral tone

Hebrew · 7 newsrooms covering

NTA has selected 19 international consortia, including Israeli firms, to bid on civil engineering contracts for the Tel Aviv metro, valued at approximately $17 billion. The tenders cover tunnel and station construction for lines M1, M2, and part of M3. This phase is part of a larger $47 billion project that includes systems for metro operation. Heavy construction is anticipated to begin in 2030.

The story in 6 lines · by baba

  • 19 international groups qualified for Israel's $17 billion metro civil engineering tenders.
  • The tenders cover 75 km of tunnels and 59 underground stations for metro lines M1, M2, and M3.
  • Israeli companies like Electra and Shapir are participating in the consortia.
  • A second phase of tenders for metro operating systems is valued at $7.8 billion.
  • The Tel Aviv metro network will span 150 km with 109 stations.
  • Major construction work is expected to start in 2030.
19 International Groups Advance in Israel's $17 Billion Metro Tender
Editorial illustration generated by baba News, not a photograph of the event.

NTA, Israel's public transit authority, announced that 19 international consortia, comprising 31 companies, have qualified to bid on the first phase of the Tel Aviv metropolitan area's subway project. Initially, 33 firms from countries including the US and India had expressed interest. The qualified groups hail from India, the US, Greece, South Korea, France, and China. Israeli companies, such as Electra, Danya Cebus, and Shapir, are also part of these consortia. Only two companies failed to meet the preliminary qualification criteria.

The tenders, valued at approximately 65 billion shekels (about $17 billion), cover the civil engineering aspects of the metro, including tunnel excavation and the construction of underground stations and connecting structures. This phase will encompass the entirety of lines M1 and M2, and over half of M3, totaling 75 km of twin tunnels and 59 underground stations.

The preliminary selection process began about a year ago, involving NTA, the Ministry of Transportation, the Ministry of Finance, and the Metro Authority engaging with leading international firms. NTA also hosted an exposure conference in Israel for interested companies.

This development follows the recent opening of the preliminary selection for the second phase of metro tenders, worth about 30 billion shekels. These tenders focus on the systems required for metro operation, such as trains, signaling, power, communication, and control systems. The overall metro network in the Tel Aviv metropolitan area will feature three lines, approximately 150 km long, with 109 underground stations connecting 24 local authorities. The system is projected to handle over 600 million passenger journeys annually, exceeding 800 million when combined with the light rail network.

NTA aims to complete the availability promotion aspects and finalize the major tenders by the end of 2028. Heavy engineering work, including excavation and foundation pouring, is expected to commence in 2030.

GlobesOther · Rishon LeZion

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