Israel Railways Authority director general Amos Ouzani: Private financing allows us to build projects delayed by budgetary problems.
The Haifa's Hutzot HaMifratz railway station will open tomorrow. The station was built by AHA Development, owned by Ofer Bros., Koor Properties and Ashtrom. This is the second railway station built wholly by private financing. The first was Haifa's Lev HaMifratz station, which opened in August.
Israel Railways Authority director general Amos Ouzani said the building of railway stations by private contractors allows planned investments that had been delayed by budgetary problems to be brought forward.
Private financing to build railway stations is part of Israel Railways Authority's policy to work with the private sector to develop its infrastructure. A commercial developer financed half of the Pardess-Caesarea station, which opened a few months ago, serving the Caesarea industrial zone.
The renovated Nahariya railway station will also open tomorrow. The upgrade brings the station to modern standards.
Published by Israel's Business Arena on 15 October 2001