Tevel Metro () is a privately held company operating the Red Line of the Tel Aviv Light Rail since it started operating in August 2023. The company was established in 2017 as a corporate group containing the Israeli bus company Egged (51%), the Chinese Shenzhen Metro (30%) and China Civil Engineering Construction Corporation (19%). It is part of Egged Group.
The company won the tenders to operate all 3 lines of the Dankal system; First, it won the Red Line tender in August 2017 for a term of a decade, with an option to extend for additional 6 years. Then, on 12 March 2025, it secured the tenders to operate the Green and Purple lines for a decade, with an option to extend for an additional decade.
See also
Cfir Light Rail
References
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Articles