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Live Terminal
Economy · Full coverage

Electra Wins 2 Billion Shekel Contract for Major Highway 5 Fast Lane Project

How 2 Israeli newsrooms covered this story — translated into English and compared side by side.

Unrated 2

By אלון פרל

First reported by Calcalist · Aug 18, 2026

What happened

Electra Ltd. won a 2 billion shekel contract to build a 25-kilometer two-way fast lane on Highway 5, including a large parking and transportation complex at Kesem Interchange. The project, expected to start operations in 2031, aims to ease congestion in the Tel Aviv metropolitan area and will be operated under a 25-year concession.

  • 01Electra won a 2 billion shekel tender for Highway 5 fast lanes and a transportation complex.
  • 02The project includes a 25 km two-way fast lane and 3,200 parking spaces at Kesem Interchange.
  • 03Electra expects 3.9 billion shekels in revenue over the 25-year concession.
  • 04The fast lanes will connect with Highways 20 and 2, improving access to Tel Aviv.
  • 05Operations are planned to begin in 2031 after a 3-year construction period.
  • 06The tender involved five major Israeli and international consortia.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

In this story
People
OrganizationsElectra Ltd., Ministry of Finance, Ministry of Transportation and Road Safety, Netivei Ayalon Company, Inbal, Dania Sibus, Dan, Menarv Holdings
PlacesHighway 5, Kesem Interchange, East Glilot, Tel Aviv metropolitan area, Rosh HaAyin North

Full coverage · 2 outlets

The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.

GlobesUnrated · HebrewAug 19, 2026
Electra Wins 2 Billion Shekel Contract for Major Highway 5 Fast Lane Project
CalcalistUnrated · HebrewAug 18, 2026
Electra Wins $600 Million Tender to Build Fast Lane on Highway 5 in Israel

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