Full coverage· Economy· Updated
Electra, Menarv, and Alstom Secure $9.6 Billion Funding for Haifa-Nazareth Light Rail Project
Electra, Menarv, and Alstom have finalized a 9.6 billion shekel financing deal for the Haifa-Nazareth light rail project, enabling full construction to begin.
2 newsrooms · 1 language · since
Plus
What happened
- 01Electra, Menarv, and Alstom secured 9.6 billion shekels for Haifa-Nazareth light rail financing.
- 02Funding includes 4.6 billion shekels for construction and 5 billion for operation and maintenance.
- 03The 41-kilometer line will have 20 stations connecting Haifa, Nazareth, and northern towns.
- 04Electra and Menarv handle civil works; Alstom leads rail systems and rolling stock.
- 05The project is a public-private partnership with a 20-year operation and maintenance plan.
- 06The line aims to serve 100,000 passengers daily and reduce road congestion in northern Israel.
The 41-kilometer line will connect Haifa with Nazareth and surrounding areas, serving an estimated 100,000 daily passengers and operating under a 20-year public-private partnership.
The coverage
2 newsrooms on this story
Who covered it
- LeftNone
- CentreNone
- RightNone
- HarediNone
- ArabNone
- Other2
How it broke
See which of the 2 newsrooms broke it, and who waited
