Index Investing News
Sunday, May 24, 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

Mamdani Mendacity – Balanced Budgets and  World Cup Tickets

Mamdani Mendacity – Balanced Budgets and $50 World Cup Tickets

by Index Investing News
May 23, 2026
0

In the famous Tennessee Williams play, Cat on a Hot Tin Roof, Big Daddy says: "There ain't nothin' more powerful...

TDV: Technology Dashboard For May (BATS:TDV)

TDV: Technology Dashboard For May (BATS:TDV)

by Index Investing News
May 15, 2026
0

This article was written byFollowFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience...

Microsoft Israel chief leaves amid ethical controversy

Microsoft Israel chief leaves amid ethical controversy

by Index Investing News
May 11, 2026
0

Last week Microsoft Israel, the local marketing and sales office of the US software giant, announced the departure of...

Dabur India net up 16% at ₹362 crore in March quarter, revenue up 7.3%

Dabur India net up 16% at ₹362 crore in March quarter, revenue up 7.3%

by Index Investing News
May 7, 2026
0

Mohit Malhotra, Global CEO, Dabur India Dabur India posted a consolidated net profit of ₹362 crore in the March quarter,...

A .5 Billion Contract Isn’t Enough Without Profits

A $7.5 Billion Contract Isn’t Enough Without Profits

by Index Investing News
May 3, 2026
0

Quick Read Jim Cramer said no to Applied Digital (APLD) despite its $7.5 billion CoreWeave contract, arguing the company is...

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

4 Group A groups coast to sweeps at IEM Cologne

4 Group A groups coast to sweeps at IEM Cologne

August 11, 2024
Mexico/remittances: flow of cash hints at heat in US economy

Mexico/remittances: flow of cash hints at heat in US economy

September 29, 2022
Avoiding Financial Disasters – The Big Picture

Avoiding Financial Disasters – The Big Picture

February 23, 2023
Jefferies sets Buy rating on Lynas with A.60 price target By Investing.com

Jefferies sets Buy rating on Lynas with A$7.60 price target By Investing.com

February 5, 2024
Rome’s Pantheon will charge an entrance fee

Rome’s Pantheon will charge an entrance fee

March 17, 2023
F1 power unit dispute: Toto Wolff admits rule change would be ‘quite damaging’ to Mercedes ahead of new season | F1 News

F1 power unit dispute: Toto Wolff admits rule change would be ‘quite damaging’ to Mercedes ahead of new season | F1 News

February 11, 2026
Trudeau apologizes for honoring Ukrainian Nazi — RT World News

Trudeau apologizes for honoring Ukrainian Nazi — RT World News

September 27, 2023
Expect campaign rhetoric at Ramaphosa’s Sona

Expect campaign rhetoric at Ramaphosa’s Sona

February 8, 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