Oron Group Wins $545 Million Contract to Expand Israel's Highway 4 with Two New Interchanges

Oron Holdings and Investments secured two contracts from Netivei Israel to upgrade and expand Highway 4, one of Israel's busiest traffic arteries, with a total budget of approximately 545 million shekels. The projects aim to improve traffic flow between the Sharon region, central Israel, and the south by constructing two new interchanges and adding dedicated public transportation lanes.

The first project, costing around 387 million shekels, covers a six-kilometer stretch between Ramot HaShavim and Beit Zera. It includes building a new interchange at Ra'anana Junction, upgrading the Kfar Saba North interchange, and adding public transit lanes. This phase is expected to take about 79 months for planning and execution.

The second project, valued at approximately 157.5 million shekels, focuses on constructing an interchange at Pardesiya Junction and laying four kilometers of public transportation lanes. This phase is anticipated to last around 57 months.

Netivei Israel expects these upgrades to better separate private vehicles from public transit and increase the highway's capacity. However, transportation experts warn of significant traffic congestion during construction. Oron Infrastructure and Construction CEO Shaul Tzuk described the wins as a continuation of the group's infrastructure expansion momentum.