{"id":566267,"date":"2026-07-30T03:59:19","date_gmt":"2026-07-30T03:59:19","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/566267\/"},"modified":"2026-07-30T03:59:19","modified_gmt":"2026-07-30T03:59:19","slug":"haifa-nazareth-nofit-light-rail-alstom-and-partners-reach-financial-close-for-e2-billion-project","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/566267\/","title":{"rendered":"Haifa-Nazareth (NofiT) Light Rail: Alstom and Partners Reach Financial Close for \u20ac2 Billion Project"},"content":{"rendered":"<p>This content is the exclusive copyright of Construction Review Online (constructionreviewonline.com). Original URL: https:\/\/constructionreviewonline.com\/haifa-nazareth-nofit-light-rail-alstom-and-partners-reach-financial-close-for-e2-billion-project\/. \u00a9 2026 Group Africa. All rights reserved. Unauthorized reproduction, scraping or republication is strictly prohibited and constitutes wilful copyright infringement. If you are reading this on any site other than constructionreviewonline.com, the content has been stolen.<\/p>\n<p><a href=\"https:\/\/www.alstom.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Alstom<\/a> and its consortium partners have achieved financial close for Israel\u2019s Haifa-Nazareth (NofiT) light rail project, securing a crucial milestone in the execution of one of the nation\u2019s largest public transit developments.<\/p>\n<p>Granted in 2024 by Trans Israel, the venture will construct a 41-kilometer light rail network featuring 20 stations to link Haifa, Nazareth, and adjacent localities. Designed to accommodate roughly 100,000 riders every day, the corridor aims to enhance access to jobs, schools, and key services while curbing traffic bottlenecks and environmental emissions.<\/p>\n<p>Reaching this financial milestone highlights the strong coordination among the Ministry of Transport and Road Safety, the Ministry of Finance, Trans Israel, and the consortium entities in progressing a premier national transit initiative.<\/p>\n<p>Project Cost<\/p>\n<p>Estimated at nearly \u20ac2 billion, the endeavor marks a major capital injection into northern Israel\u2019s public transit network. Alstom\u2019s portion is priced at roughly \u20ac750 million, covering design, engineering, system integration, equipment delivery, testing, commissioning, and extended maintenance services.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-272572\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/07\/Irish-Rail-1-xtrapolis-678x381-1-569x320.jpeg\" alt=\"The project is estimated at nearly \u20ac2 billion\" width=\"569\" height=\"320\"  \/>The project is estimated at nearly \u20ac2 billion.<\/p>\n<p>\u201cReaching financial close is a major achievement for the NofiT light rail project and demonstrates the strong commitment of all partners involved,\u201d stated Yael Rosenman Gross, Managing Director of Alstom Israel. \u201cThis milestone allows us to move forward with confidence and begin delivering a mobility solution that will improve connectivity, support economic development and benefit communities across northern Israel for decades to come.\u201d<\/p>\n<p>Developing Consortium<\/p>\n<p>A consortium formed by Alstom, Electra Ltd., and Minrav Ltd. is spearheading the execution of the contract.<\/p>\n<p>Under the framework, Electra Ltd. and Minrav Ltd. will manage civil engineering and infrastructure buildouts, with ongoing operations and maintenance later handled by a specialized joint venture involving Electra Afikim, Minrav, and Alstom.<\/p>\n<p>Following financial close, the initiative advances into an active execution stage. Construction and installation work will proceed over the coming years, bringing northern Israel closer to an updated transit system built to boost regional integration, foster economic expansion, and offer sustainable transit choices.<\/p>\n<p>Lastly, this project alongside others such as the <a href=\"https:\/\/constructionreviewonline.com\/kuwait-aims-to-tender-973m-kuwait-national-rail-road-project-this-year\/\" rel=\"nofollow noopener\" target=\"_blank\">Kuwait National Rail Road<\/a> reinstate the Middle East as a leading railway infrastructure developer globally. Other countries that are actively developing railway infrastructure in the region include Saudi Arabia and United Arab Emirates.<\/p>\n<p>Haifa-Nazareth (NofiT) Light Rail: Project Factsheet<\/p>\n<p>Project Name: Haifa\u2013Nazareth Light Rail Project (NofiT)<\/p>\n<p>Project Type: Intercity and urban tram-train light rail system<\/p>\n<p>Client \/ Managing Authority: Trans Israel (Cross Israel Highway Co.)<\/p>\n<p>Consortium Partners:<\/p>\n<p>Alstom (Rail systems, integration, testing, commissioning, and long-term O&amp;M)<br \/>\nElectra Ltd. (Civil engineering &amp; infrastructure works)<br \/>\nMinrav Ltd. (Civil engineering &amp; infrastructure works)<\/p>\n<p>Operations and Maintenance (O&amp;M): Dedicated Joint Venture between Electra Afikim, Minrav, and Alstom<\/p>\n<p style=\"padding-left: 40px\">Cost: \u20ac2 billion (7 billion NIS)<\/p>\n<p>Alstom Contract Share: \u20ac750 million<\/p>\n<p>Technical &amp; Infrastructure Specifications<\/p>\n<p>Route Length: 41 kilometers<br \/>\nStations: 20 stations across the route<br \/>\nExpected Daily Ridership: 100,000 passengers<\/p>\n<p>Maximum Speed:<\/p>\n<p>Intercity Sections: Up to 100 km\/h<br \/>\nUrban Sections: Up to 50 km\/h<\/p>\n<p>Key Scope of Works:<\/p>\n<p>Civil Works and Infrastructure: Trackbed, bridges, and stations led by Electra Ltd. and Minrav Ltd.<br \/>\nRail Systems: Electrification, energy-efficient power supply, signaling, communication systems, and depot equipment provided by Alstom.<\/p>\n<p>Key Timeline &amp; Milestones<\/p>\n<p>Tender Award: 2024<br \/>\nFinancial Close: Achieved (Transitioning into construction and system delivery stage)<br \/>\nDelivery Phase: Active construction, infrastructure installation, systems integration, and testing underway in the coming years.<\/p>\n<p>Strategic and Regional Impact<\/p>\n<p>Geographic Reach: Connects Haifa (Merkazit HaMifratz transport hub), Kiryat Ata, Nof HaGalil, Nazareth, and adjacent regional communities.<\/p>\n<p>Key Benefits:<\/p>\n<p>Enhances access to regional employment, education, and social services.<br \/>\nCurbs road traffic congestion and lowers carbon emissions across northern Israel.<br \/>\nEstablishes a single, seamless green transport connection between the Haifa metropolis and the Galilee.<\/p>\n<p>Project Team<\/p>\n<p>Alstom Israel: Lead Systems &amp; Rolling Stock Partner<\/p>\n<p>Trans Israel and Government Authorities: Client and Managing Authority<\/p>\n<p>Electra Ltd: Consortium Partner &amp; Civil Works Lead<\/p>\n<p>Minrav Ltd: Consortium Partner &amp; Civil Works Lead<\/p>\n<p>Source: constructionreviewonline.com All rights reserved. Unauthorized reproduction prohibited.<\/p>\n","protected":false},"excerpt":{"rendered":"This content is the exclusive copyright of Construction Review Online (constructionreviewonline.com). Original URL: https:\/\/constructionreviewonline.com\/haifa-nazareth-nofit-light-rail-alstom-and-partners-reach-financial-close-for-e2-billion-project\/. \u00a9 2026 Group Africa.&hellip;\n","protected":false},"author":2,"featured_media":566268,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[42,43,40,38,41,39],"class_list":["post-566267","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/566267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=566267"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/566267\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/566268"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=566267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=566267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=566267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}