Index Investing News
Sunday, February 22, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

NTA publishes tender to operate Green and Purple Lines

by Index Investing News
June 1, 2023
in Financial
Reading Time: 2 mins read
A A
0
Home Financial
Share on FacebookShare on Twitter


NTA Metropolitan Mass Transit System Ltd. today issued the tender for operating the Tel Aviv Metropolitan region light rail Green and Purple Lines, which are currently under construction. The tender for operating the lines after construction is completed is worth billions of shekels.

According to the tender, the concession to operate the lines will be awarded for 10 years. The operator will be responsible for working with the companies building the lines, hiring the work force and a run-in trial period when the lines are completed and will need to receive a permit from the regulator and a business license for the underground stations on the Green Line.




RELATED ARTICLES




Miri Regev blocks progress on Metro


Miri Regev to replace NTA on Metro project


Tel Aviv light rail won’t launch in May






Meanwhile, the timetable for operating the lines has been postponed several times in recent years. The Green Line, which was due to start operations in 2025, was then postponed to 2027, and is now due to begin running in 2028. The line runs 39 kilometers from Rishon Lezion and Holon in the south to Herzliya in the north with four kilometers of underground tracks in Tel Aviv. The Green Line will have 63 stations and the trains are expected to carry 200,000 passengers per day.

The Purple Line was also initially scheduled to start running in 2025 but has been postponed until 2026 and most recently until 2027. The line will run along Tel Aviv’s Arlozorov Street via Givatayim and Ramat Gan to Aluf Sadeh and then to Givat Shmuel and Or Yehuda in the east. The Purple Line will be 27 kilometers long, with 46 stations and will carry 200,000 passengers per day.

The tender to operate the Red Line was won by Tevel, with the line set to run in the coming weeks between Petah Tikva and Bat Yam after numerous dealys.

NTA CEO Haim Glick said, “This is another significant step for the promotion of the light rail network in Gush Dan in the crowded Tel Aviv metropolis. Together, the Red, Green and Purple lines are going to change the traffic and travel habits of all who come to central Israel, and in the future with the addition of the three Metro lines, will bring about a real revolution in many and diverse areas of life such as employment, leisure, air pollution and contribution to the economy.”

Published by Globes, Israel business news – en.globes.co.il – on May 31, 2023.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2023.




Source link

Tags: greenLinesNTAoperatepublishesPurpletender
ShareTweetShareShare
Previous Post

UK has bigger inflation problem than US or euro zone

Next Post

If the Banking Crisis Isn’t Over…

Related Posts

Gaurav Jogani sees jewellery, footwear driving consumer discretionary growth

Gaurav Jogani sees jewellery, footwear driving consumer discretionary growth

by Index Investing News
February 20, 2026
0

The consumer discretionary space continues to reveal a mixed performance across segments, driven by gold prices, festive shifts, and evolving...

We’re creating cutting-edge AI science tools for Google DeepMind—and 3 million researchers

We’re creating cutting-edge AI science tools for Google DeepMind—and 3 million researchers

by Index Investing News
February 16, 2026
0

Sir Demis Hassabis is Co-Founder and CEO of Google DeepMind. He has won many prestigious international awards for his research work...

What’s The Most Likely Stock Market Outcome? – Meb Faber Research

What’s The Most Likely Stock Market Outcome? – Meb Faber Research

by Index Investing News
February 8, 2026
0

Fun trivia Q: If you were to bucket US stock market returns for the past 100...

PayPal: Is The Worst Over Following 20% Decline To Multiyear Lows? (NASDAQ:PYPL)

PayPal: Is The Worst Over Following 20% Decline To Multiyear Lows? (NASDAQ:PYPL)

by Index Investing News
February 4, 2026
0

This article was written byFollowProviding timely and quick to the punch analysis of earnings and macro-related events across various sectors,...

Florida steps up ‘criminal probe’ of marijuana legalization campaign

Florida steps up ‘criminal probe’ of marijuana legalization campaign

by Index Investing News
January 31, 2026
0

After multiple arrests, Florida officials are ramping up a criminal investigation of a marijuana multistate operator-funded adult-use cannabis legalization campaign...

Next Post
If the Banking Crisis Isn’t Over…

If the Banking Crisis Isn't Over...

IRS Can Access Your Coinbase Trade Records, John Doe Summons Valid

IRS Can Access Your Coinbase Trade Records, John Doe Summons Valid

RECOMMENDED

Norsk Hydro warns flood of Chinese electric vehicles threatens aluminium demand in Europe

Norsk Hydro warns flood of Chinese electric vehicles threatens aluminium demand in Europe

October 29, 2023
14 Easy Side Hustles From Home To Try Today!

14 Easy Side Hustles From Home To Try Today!

June 21, 2023
How HGTV’s Heather Rae and Tarek El Moussa Flipped Over 1,000 Houses

How HGTV’s Heather Rae and Tarek El Moussa Flipped Over 1,000 Houses

November 1, 2023
Israeli forces kill one particular person in south Lebanon as residents attempt to return, Lebanese well being ministry says By Reuters

Israeli forces kill one particular person in south Lebanon as residents attempt to return, Lebanese well being ministry says By Reuters

January 26, 2025
Your Co-Investors in BREIT – The Big Picture

Your Co-Investors in BREIT – The Big Picture

December 12, 2022
Fed Cuts Curiosity Charges – Industrial Property Govt

Fed Cuts Curiosity Charges – Industrial Property Govt

September 19, 2024
Will fight for democracy even if disqualified permanently: Rahul Gandhi

Will fight for democracy even if disqualified permanently: Rahul Gandhi

April 6, 2023
Casino operator MGM sues FTC to block probe into 2023 hack By Reuters

Casino operator MGM sues FTC to block probe into 2023 hack By Reuters

April 15, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In