Construction of Haifa's public transport cable car underway

Haifa Bay Photo: Eyal Yitzhar
Haifa Bay Photo: Eyal Yitzhar

The six stations will link Haifa Bay Bus station with Haifa University via the Technion.

Construction of Haifa's public transport cable car began six months ago, reports "Walla!". When completed in three years, the cable car will transport over 2 million passengers annually from Haifa Bay's Hamifratz Bus Station via the Technion to the University of Haifa on the top of Mount Carmel.

Haifa Mayor Yona Yahav said, "The cable car will be an integral part of the most advanced urban public transport system in Israel and will grant passengers all the fare discounts and exemptions that they are entitled to on public transport."

Each cable car will have room for ten passengers and the cars will travel at 30 second intervals from each other. It will take 19 minutes to travel the six stations between Haifa Bay and Haifa University and the cable car system's 76 cars will have the capacity to carry 1,200 passengers per hour in the first stage and 2,400 passengers per hour after a running-in period. The project being built by Haifa Municipality's Yefe Nof Infrastructure and Construction company and will cost NIS 280 million.

The public transport cable car will be fully integrated into the city's public transport system, which includes buses, the Metronit rapid transport bus system and the Carmelit, the country's only underground railway.

Haifa Municipality has launched a competition among the city's schools to find a name for the cable car system. The city already has a tourist cable car near its southern entrance linking the Bat Galim seafront promenade with Mount Carmel.

Minister of Transport Yisrael Katz describes the cable car as a revolution in public transport and is considering projects for other hillside cities including Tiberias, Karmiel, Zichron Yaakov and linking Jerusalem to Maaleh Adumim.

Published by Globes [online], Israel business news - www.globes-online.com - on December 26, 2017

© Copyright of Globes Publisher Itonut (1983) Ltd. 2017

Haifa Bay Photo: Eyal Yitzhar
Haifa Bay Photo: Eyal Yitzhar
Fencing goes up Petah Tikva's Segula neighborhood  credit: NTA The Metro is really happening

Although there are skeptics who doubt that the project will ever be realized, there are now enough signs on the ground to indicate that they are probably wrong.

Ben Gurion airport Terminal 1 credit: Shutterstock Ben Gurion airport's Terminal 1 reopens

Terminal 1 at Ben Gurion airport reopened yesterday to domestic flights, while international flights will start using the terminal from Sunday, March 30.

Minister of Interior Moshe Arbel credit: Cadya Levy Interior Minister: There is no deep state in Israel

Minister of Interior Moshe Arbel told the Globes Services conference that civil servants are dedicated employees who serve the public.

Minimum wage credit: Tali Bogdanovsky Minimum wage in Israel to rise next week

The monthly minimum wage in Israel will be revised upwards by 6%.

Bank of Israel  credit: Shutterstock/Alon Adika Bank of Israel slams gov't fiscal policy

Governor Prof. Amir Yaron wrote in the annual report that the government's measures are not enough to ensure a sustained decline in debt-to-GDP ratio.

Minister of Justice Yariv Levin credit: Noam Moskovitz Knesset Spokesperson Knesset passes Judicial Selection Law

The new law makes judicial appointments subject to political control.

Airbnb credit: Reuters Knesset ignores Airbnb tax evasion loophole

The Israel Hotels Association has slammed the government's indifference to tax evasion by Airbnb landlords, which it insists promotes unfair competition.

GMT CFO Eran Tibon credit: PR Political tensions tempt Israelis to move funds abroad

According to data from advanced financial services company Global Money Transfer, steps taken by the Israeli cabinet to oust Shin Bet chief Ronen Bar, and Attorney General Gali Baharav-Miara, could cause capital to flee Israel.

Sde Dov credit: Guy Yehieli Tenders close for 2,744 more homes in Sde Dov

Four tenders closed last month for the north Tel Aviv district saw a decrease of about 40% in the prices of land, and there is great interest in the prices these latest tenders will fetch.

Rafael CEO Yoav Turgeman credit: Rafael Spokesperson Rafael CEO: Iron Beam will be ready in 2025 as promised

In presenting record financial results for 2024, Yoav Turgeman tells "Globes" that the high energy laser weapon system will be operational this year.

Tel Aviv credit: Shutterstock Rent rises moderate due to emigration and reserve duty

Rents only rose 4% in 2024, the Bank of Israel reports, despite the large number of evacuees, due to the negative migration balance and the large number of young people in the army reserves.

Moody's, Benjamin Netanyahu, Bezalel Smotrich, credit: Shutter stock, Government Spokesperson, Tali Bogdanovsky Moody's: Political risks weigh on Israel's rating

"Israel's sovereign credit profile reflects very high political risks that have weakened economic and fiscal strength."

Stef Wertheimer  credit: Reuters Industrialist and philanthropist Stef Wertheimer dies aged 98

Wertheimer founded Iscar, which was sold to Warren Buffett's Berkshire Hathaway, and was behind many industrial and social initiatives, as well as having a brief political career.

Island founders Dan Amiga and Mike Fey credit: Antonio Delucci Browser security co Island raises $250m at $5b valuation

The company has developed a communications technology that enables fast remote connection to corporate computers.

Yossi and Shlomi Amir  credit: Jonathan Bloom Shufersal doubles annual profit

Streamlining measures by brothers Yossi and Shlomi Amir since they took control have vastly improved the supermarket chains profitability metrics.

Africa Israel Residence CEO Ronit Eshed Levy credit: Cadya Levy "Jewish communities want to move together to Jerusalem"

Africa Israel Residence CEO Ronit Eshed Levy told the Globes Going Long on Israel investment conference about urban renewal in Jerusalem.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018