Israel opens bidding for its largest-ever infrastructure project, a $50 billion Tel Aviv metro set to serve two million daily passengers from 2037.
TEL AVIV: Israel has launched the bidding process to construct a new metro system in Tel Aviv, a colossal infrastructure project with an estimated cost of $50 billion.
The state-run NTA company hosted dozens of international infrastructure firms at an inaugural event to open the tender for the government-funded initiative.
The planned metro network will feature three lines spanning approximately 150 kilometres across the greater Tel Aviv metropolitan area, known as Gush Dan.
This region is home to over four million residents, accounting for roughly 40% of Israel’s total population.
The system is designed to integrate with the existing three-line light-rail network that extends over 90 kilometres in and around the city.
An NTA representative stated that the metro is slated to begin operations in the year 2037.
NTA chief executive Itamar Ben-Meir described the project as a “national undertaking that will change the face of the country.”
The metro aims to address Israel’s chronic issues with road congestion and high traffic accident rates.
It is expected to carry up to two million passengers daily upon completion.
