ALSTOM SA: Alstom signs a contract for the light rail system between Haifa and Nazareth in northern Israel
May 16 2024 - 11:00AM
ALSTOM SA: Alstom signs a contract for the light rail system
between Haifa and Nazareth in northern Israel
Alstom signs a contract for the light
rail system between Haifa and Nazareth in northern
Israel
- 120,000 passengers expected
per day
- Hundreds of jobs will be
created
- An average 40% reduction on
commute times
- Alstom’s share is more than
€700 million euro
16 May 2024 – Alstom, member of
the HN - Light Rail Line Ltd. consortium and its partners Electra
Ltd. & Minrav Ltd., signed a contract, awarded on February
2024, for the design, finance, construction, operation and
maintenance of the light rail system between Haifa and Nazareth
issued by Trans Israel company. The NofiT project is valued at 1
billion euro and Alstom’s share is valued at more than 700 million
euro1, including the maintenance contract worth approximately 140
million euro.
Alstom’s responsibility includes the design,
engineering, supply, integration, testing and commissioning of the
light rail system including tracks, electrification, energy saving
power supply, signalling, communication system, depot equipment and
the supply and maintenance of 54 Citadis trams. Electra and Minrav
will manage the design and construction of the civil works. The
operation and maintenance will be performed by a joint venture
composed of Electra Afikim, Minrav and Alstom.
“We are proud to be able to support Trans Israel
in this project, whose tramway will connect the towns and people of
northern Israel” said Eran Cohen, Managing Director Alstom
Israel.
Eran adds “We are committed to continuing to do
our utmost in creating an efficient, fast and innovative transport
system for the benefit of the entire Israeli population. This
important project is another step in Israel's public transport
evolution, and a real engine of growth for the entire northern
region. Alstom and its partners Electra Ltd. and Minrav Ltd. are
convinced that this project will contribute to the growth of the
rail ecosystem in the country and support the creation of hundreds
of jobs".
This project is groundbreaking for the promotion
of public transportation in northern Israel. The Line, extending
from Haifa to Nazareth over 41km with 20 stations, will have state
of the art trams and is expected to move 120,000 passengers per day
with approximately 21 years of operation and maintenance.
With a track record of more than 30 years and
over 8,000 vehicles ordered or in successful revenue service in 140
cities around the world, Alstom is the global leader in tram and
light rail solutions. Alstom also leads the industry with proven
solutions to make urban transport even safer by providing
technologies for obstacle detection, overspeed monitoring,
collision prevention and automatic braking, and to integrate
seamlessly in urban environments by offering the widest variety of
solutions for catenary-free operation.
Alstom is the market leader in rail services,
supporting customers over the entire asset lifecycle with the
broadest portfolio of services solutions. Alstom’s train operation
and system maintenance solutions cover the full spectrum of
customer needs, including operations for all types of fleets,
maintenance for trains, rail systems and infrastructure, as well as
turnkey and Private Public Partnership (PPP) solutions. Customers
benefit from reduced operating costs and increased operational
efficiencies through technologies and best practices based on over
40 years of experience operating and maintaining trains and
systems.
Alstom™ and Citadis™ are protected trademarks of
the Alstom Group.
1 booking expected at financial close, expected in H1
2025/26
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About Alstom |
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Alstom commits to contribute to a low carbon future by developing
and promoting innovative and sustainable transportation solutions
that people enjoy riding. From high-speed trains, metros,
monorails, trams, to turnkey systems, services, infrastructure,
signalling and digital mobility, Alstom offers its diverse
customers the broadest portfolio in the industry. With its presence
in 64 countries and a talent base of over 84,700 people from 184
nationalities, the company focuses its design, innovation, and
project management skills to where mobility solutions are needed
most. Listed in France, Alstom generated revenues of €17.6 billion
for the fiscal year ending on 31 March 2024. For more information,
please visit www.alstom.com. |
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Contacts |
Press: HQPhilippe
MOLITOR – Tél.: + 33 (7) 76 00 97
79philippe.molitor@alstomgroup.comAfrica, Middle
East & Central AsiaSouade BEKHTI - Tel.: +971
56 995 45 76souade.bekhti@alstomgroup.comInvestor
RelationsMartin VAUJOUR – Tel.: +33 (0) 6 88 40 17
57martin.vaujour@alstomgroup.com Estelle MATURELL ANDINO –
Tel.: +33 (0) 6 71 37 47
56 estelle.maturell@alstomgroup.com |
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- 20240516_PR Haifa Nazareth_EN
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