The Electra Bogl JV group reported that it had won the Israel Railways systems and railway track tender on the high-speed route to Jerusalem. The tender is worth NIS 760 million (EUR 171.5 mln). The tender deals with the planning, construction, and maintenance of the track and systems for the route. Construction will include laying 46 kilometers of track; setting up electromechanical systems that support railway operation, management, coordination, and supervision; and integration of all the installed systems.
The railway infrastructure work is slated for completion in 2017, and commercial operation of the line is expected in 2018. The line is designed to carry passengers at speeds of up to 160 kilometers per hour, with 28 minutes of travel time between Tel Aviv and Jerusalem.
The new high speed rail between Tel Aviv and Jerusalem is to cost NIS 7 billion (EUR 1.5 billion).
The group includes Electra Infrastructures Hofrey Hasharon, Germany’s Max Bogl, and Switzerland’s Signon Schweiz.
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