Israel will Invest to Nationwide Rail Network

Israel will Invest to Nationwide Rail Network
May 8, 2009 8:16 am
1.078

Israel could have a nationwide railway network by 2020 worth an estimated NIS40bn, according to the nation’s transport minister.
The proposed project “Israel Routes” is in its formation stage.

Israel Minister for Transport Israel Katz said he expects cabinet approval as a part of economic arrangements bill in 2009–10.
The project includes railway lines to Eilat in the south and Kiryat Shmona in the north.
The other lines include the Jezreel Valley line, Acre-Carmiel, the eastern line along Road 6 (the Cross-Israel Highway), and a fourth track along the Ayalon Highway in Tel Aviv.
Katz said private contractors will be called in for the role, but Israel will operate the lines once construction is complete.
“The private sector is showing great interest in the railway plan,” Katz said.
Obstacles will still have to be overcome, however, including securing finance from contractors for the project, according to Katz.

Railwaynews.net is a railway information and news platform. Website presents from all around the world railway sector news, developments, projects and tender for the sector specialists. Railwaynews supports to industry events and announced them for potential participants. Railwaynews plans to collecting data from all around the world, about railway infrastructure, rolling stock, railway transportation datum, geographical datum to present for railway professionals for short term. Railwaynews will build new platforms aims to high value railway business environment for all railway specialists, railway fans and especially railway suppliers and their decision makers. Railwaynews presents whole information from rail professionals to rail professionals.
COMMENTS

This site uses Akismet to reduce spam. Learn how your comment data is processed.

No comments yet, be the first filling the form below.