Home / EMEA / DB BahnBau and a group of Israeli firms win USD 230 million railway project

DB BahnBau and a group of Israeli firms win USD 230 million railway project

The National Transport Infrastructure Company announced that the German company DB BahnBau and a number of Israeli construction firms won the tender for building  almost 100 kilometers (60 miles) of railroad tracks in northern Israel. The project value is 800 million shekels ($230 million).

The second bidder was  French-Spanish-Israeli group  (TSO, Spainish INDRA and another Israeli firm).

The tender covers infrastructure work on the Jezreel Valley rail line between Haifa and Beit Shean (68 kilometers, or 42 miles, with five train stations) and the Acre-Carmiel line (22 kilometers, or 14 miles, with two train stations and the line to be electrified and double-tracked).

A new rail line in the center of the country connecting Kfar Saba with Herzliya (18 kilometers, or 11 miles) is also being constructed.

Source*http://www.israelhayom.com

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