NTA publishes tender to operate Green and Purple Lines

NTA CEO Haim Glick Photo: Cadya Levy
NTA CEO Haim Glick Photo: Cadya Levy

The Purple Line is scheduled to begin operating in 2027 and the Green Line in 2028.

NTA Metropolitan Mass Transit System Ltd. today issued the tender for operating the Tel Aviv Metropolitan region light rail Green and Purple Lines, which are currently under construction. The tender for operating the lines after construction is completed is worth billions of shekels.

According to the tender, the concession to operate the lines will be awarded for 10 years. The operator will be responsible for working with the companies building the lines, hiring the work force and a run-in trial period when the lines are completed and will need to receive a permit from the regulator and a business license for the underground stations on the Green Line.

Meanwhile, the timetable for operating the lines has been postponed several times in recent years. The Green Line, which was due to start operations in 2025, was then postponed to 2027, and is now due to begin running in 2028. The line runs 39 kilometers from Rishon Lezion and Holon in the south to Herzliya in the north with four kilometers of underground tracks in Tel Aviv. The Green Line will have 63 stations and the trains are expected to carry 200,000 passengers per day.

The Purple Line was also initially scheduled to start running in 2025 but has been postponed until 2026 and most recently until 2027. The line will run along Tel Aviv's Arlozorov Street via Givatayim and Ramat Gan to Aluf Sadeh and then to Givat Shmuel and Or Yehuda in the east. The Purple Line will be 27 kilometers long, with 46 stations and will carry 200,000 passengers per day.

The tender to operate the Red Line was won by Tevel, with the line set to run in the coming weeks between Petah Tikva and Bat Yam after numerous dealys.

NTA CEO Haim Glick said, "This is another significant step for the promotion of the light rail network in Gush Dan in the crowded Tel Aviv metropolis. Together, the Red, Green and Purple lines are going to change the traffic and travel habits of all who come to central Israel, and in the future with the addition of the three Metro lines, will bring about a real revolution in many and diverse areas of life such as employment, leisure, air pollution and contribution to the economy."

Published by Globes, Israel business news - en.globes.co.il - on May 31, 2023.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2023.

NTA CEO Haim Glick Photo: Cadya Levy
NTA CEO Haim Glick Photo: Cadya Levy
groundcover founders credit: Yossi Yarom Israeli observability co groundcover raises $35m

groundcover has developed a “Bring Your Own Cloud” (BYOC) observability solution, redefining the architecture of a modern observability platform.

Tel Aviv Stock Exchange credit: Shutterstock MagioreStock Foreign investment in TASE hits five-year high

Foreign investors have been flocking to the Tel Aviv Stock Exchange in recent weeks, the TASE research department tells "Globes."

Elbit Systems tank turret systems credit: Elbit Systems Elbit Systems wins $100m tank turret systems deal

The Israel defense electronics company will supply its advanced UT30 MK2 unmanned turret systems to General Dynamics European Land Systems (GDELS) to be supplied to a NATO European country.

Tomer Weingarten Photo: PR Trump targets SentinelOne exec in act of revenge

The US administration has suspended the security clearance of the company's chef intelligence and public policy officer Chris Krebs and everyone associated with him.

Tel Aviv Stock Exchange share prices rising credit: Tali Bogdanovsky TASE opens sharply higher after Trump U-turn on tariffs

The pause is being interpreted as a climb down after US President Donald Trump admitted he had made the move to calm the markets.

Ashot Ashkelon credit: Ministry of Defense Up 250%, Ashot Ashkelon wins another Defense Ministry order

The Israeli defense company's share price has risen 250% in the past three years since FIMI Opportunity Funds acquired control.

Liad Agmon credit: Eyal Izhar Insight Partners Liad Agmon steps down as managing partner

Serial entrepreneur Agmon has served as a partner at Insight Partners Israel alongside Daniel Aronovitz who set up the Israel office.

Shekels credit: Shutterstock Vladerina32 Shekel slide resumes amid escalating tariff war

The Bank of Israel is not expected to intervene in the forex market despite the sharp depreciation of the shekel.

Nir Zuk credit: Inbal Marmari Palo Alto Networks mulls buying AI security co for $700m

Sources inform "Globes" that on Palo Alto's radar is Protect AI.

President Donald Trump hosts Prime Minister Benjamin Netanyahu credit: Reuters Kevin Mohatt Israeli officials confident on US tariff concessions

Senior Israeli figures believe that concessions could be tied to progress on strategic regional political issues that are important to President Trump.

Phoenix Investment House CEO Avner Hadad  credit: Tommy Harpaz "The market has priced in all the bad things"

Phoenix Investment House CEO Avner Hadad says US markets could continue to fall, but that we are close to interesting territory for patient investors.

Tel Aviv credit: Shutterstock Tel Aviv slips in World's Wealthiest Cities ranking

Tel Aviv's position as one of the world's wealthiest cities took a big knock over the past year as it slipped from 42nd to 48th in investment advisors Henley & Co.'s "World's Wealthiest Cities" Top 50 ranking.

Leviathan platform  credit: Albatross C'ttee seen recommending no cut in gas exports

The Dayan committee on the future of the gas sector estimates that Israel's natural gas reserves will run out in 2045.

Accountant General Yali Rothenberg credit: Rafi Kutz Israel's fiscal deficit continues to narrow

The deficit narrowed in the twelve months to the end of March 2025, for the sixth consecutive month, Ministry of Finance accountant general Yali Rothenberg reported today.

Arkia credit: Arkia Arkia cuts Tel Aviv - New York April fares

Arkia has cut fares at the last minute, a time when prices usually soar even higher, according to the pricing method used in the industry.

Bank of Israel Governor Prof. Amir Yaron credit: Dani Shem Tov Knesset Spokesperson BoI Governor: US tariffs could push up inflation in Israel

Prof. Amir Yaron tells "Globes" that there is a risk that the new tariffs will cause inflation to rise in the US, with a knock-on effect for Israel.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018