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TRANSPORT & INFRASTRUCTURE

Dan bus / Photo: Eyal Izhar, Globes Dan Bus Co secures investment at NIS 1.1b valuation

A consortium of investors led by the Value Base investment house and the LBH Infrastructure fund has acquired 40% of the Dan transport group for NIS 450 million.

Jerusalem light rail  / Photo: Eliricon Shutterstock , Shutterstock.com Gov't buys back Jerusalem light rail Red Line

The Red Line concession is being bought back from CityPass for NIS 1.6 billion and will be transferred to Green Line builder and operator JNET.

Toyota Toyota launching KINTO car sharing in Israel

Israeli Toyota importer Union Motors will introduce four main options for subscribers.

Yehudit Bridge  / Photo: Oron Holdings and Investment Group Controversial Tel Aviv footbridge over Ayalon opens

The first pedestrian bridge over the Ayalon is also the only one of 10 bridges that has a bicycle lane.

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