Editor’s Note: It’s true that Hamas has never been seriously considered for the project of digging up the ground underneath the first Zionist City. But imagine how good they would have been at it. Now for the real article from Globes…
Three international companies as part of consortia with Israeli companies have submitted bids for Tel Aviv light rail tenders. The tenders are for tunneling using Tunnel Boring Machine (TBM) methods and building underground stations on the Red Line. The contractor will be chosen at the start of next year and work will immediately get underway.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
Those submitting bids were by Shapir Engineering and Italian company Ghella, Shikun u’Binui Holdings Ltd. (TASE: SKBN) unit Solel Boneh and Chinese company CTG, and Africa-Israel Investments Ltd. (TASE:AFIL) unit Danya Cebus Ltd. (TASE: DNYA) and French company VINCI.
The work will cost between $ 770 million and $ 1.280 billion including digging two 8 kilometer long tunnels that will constitute the main part of the underground section of the Red Line. The underground section will run from the Geha Interchange at the ewdge of Petah Tikva and beneath Jabotinski Road in Bnei Brak and Ramat Gan and then beneath Begin Road in Tel Aviv and through to Neve Tzedek near Jaffa. In this tunnel section there will be eight underground stations and 22 security escape tunnels.
TBMs are 150 meters long and equipped with a 7-14 meter diameter drilling head and weigh as much as 4, 000 tons.
The Red Line is the first and major line of the Tel Aviv light rail. It will be 24 kilometers long with a total of 11 kilometers in tunnels.
Published by Globes [online], Israel business news – www.globes-online.com
