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CalcalistEconomy

Alstom and Minrav to Bid Together on $8 Billion Metro Projects

Translated & summarized from Calcalist by baba

BusinessNeutral tone

Hebrew · 1 newsroom

French firm Alstom and Israeli group Minrav will jointly bid on the second phase of the Gush Dan metro project, worth approximately 30 billion shekels. Alstom will lead on trains and carriages, with Minrav managing construction. This collaboration follows their partnership on the Haifa-Nazareth light rail and exemplifies a trend of international and local firms combining expertise for large infrastructure projects. The metro project aims to create an extensive underground rail network in the Tel Aviv metropolitan area.

The story in 5 lines · by baba

  • Alstom and Minrav will partner on 30 billion shekel metro project tenders in Gush Dan.
  • Alstom will supply trains and carriages, while Minrav handles construction.
  • The project aims to build an underground rail network in the Tel Aviv metropolitan area.
  • This partnership reflects a trend of international and local firms combining expertise.
  • The first phase of metro tenders was valued at approximately 65 billion shekels.

French company Alstom and Israeli group Minrav are expected to jointly compete for tenders in the second phase (INFRA 2) of the Gush Dan metro project, valued at approximately 30 billion shekels (about $8 billion USD). Under their partnership, Alstom will be responsible for trains and carriages, while Minrav will handle construction and contracting work. The Israel Public Transportation Authority (NTA) published the pre-qualification process for the INFRA 2 tenders in August, which include the supply of trains, signaling and control systems, electricity and energy, station systems, and finishing works. This tender package is central to the metro project, which aims to establish an underground rail network in the Tel Aviv metropolitan area and transform transportation in Gush Dan. Due to high concentration in the field, NTA anticipates only four to five groups will bid. Alstom is a prominent international firm in rail and systems, supplying trains, signaling, and transport technologies. Minrav operates in engineering, infrastructure, and real estate, undertaking projects for public and private sectors, including construction, infrastructure, and transportation. This is not their first collaboration; Alstom and Minrav are also working with Electra on the Carmel Valley light rail project connecting Haifa and Nazareth. The joint bid for the metro project reflects a trend of combining international companies with technological and rail expertise with Israeli firms possessing execution capabilities and local market knowledge. Such partnerships in large-scale tenders allow for risk sharing, pooling of professional capabilities, and meeting complex project requirements. In the first phase of the metro tenders (INFRA 1), covering infrastructure and construction work, NTA issued tenders worth about 65 billion shekels, divided into 11 packages. Nineteen groups passed the preliminary qualification stage, exceeding NTA's initial expectation of around 12 groups.

CalcalistOther · Tel Aviv

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