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News - Globes

Quantum computing co Q-Factor raises $24m Boaz Levy to become Israel Aerospace chair Banks' efficiency drives spark worker unrest Teva acquires Emalex Biosciences for up to $900m Gasoline prices to rise again Thursday night Deputy budget commissioner warns on �trauma economy� Israel drops key demand on Wizz Air hub Gedera house sells for NIS 5.53m Huge Crusoe Afula deal boosts Israel’s data centers sector Quantum Art extends Series A financing to $140m "Globes" poll of polls shows Beyachad brings opposition no gain Nvidia leases space for labs in Rishon Lezion Shekel-sterling rate heading below NIS 4/£ Shapir mulls buying control of Ashdod Refinery for NIS 1b Banks ask court to declare Nochi Dankner bankrupt Strong semiconductor sentiment boosts Ceva Yair Lapid and Naftali Bennett merge parties Supreme Court orders financial sanctions for draft evaders Israeli tech employees hold stock options worth NIS 150b Home price gap narrows between Tel Aviv and nearby cities Meta to lay off 100 employees in Israel EU regulator extends advisory not to fly to Israel Lyft buys Gett's London taxi-hailing operation Mobileye up sharply after beating analysts on Q1 Cyera buys Israeli startup Ryft for over $100m Israir to launch Israel-US flights in summer Ondas Israel unit to protect World Cup venues from drones Elbit awarded $200m IDF airborne munitions deal Study: IDF Talpiot program excels in producing entrepreneurs Israel's population grew 1.4% over past year Ondas wins $10m tender to clear mines in Israel Ramat Gan house sells for NIS 8.4m Is it time to buy dollars? Petition revives threat to Israel-EU trade El Al to launch subsidized Tel Aviv - Buenos Aires flights AWS extends Ichilov AI medical collaboration Elbit drones to undergo Canadian trials - report Activist investors seek to oust Radcom board Two-minute EV charging coming to Israel Businessman buys 5 Tel Aviv apartments in Dou project Mega Or buys Alliance Tire site in Hadera for NIS 1b cash El Al orders six more Dreamliners Gov't Cos Authority recommends splitting NTA Nofar Energy plans to dual list on Nasdaq New immigrants buy Tel Aviv seafront home for NIS 70m Shekel’s strength hits Israelis investing in US Israel’s enhanced F-35s performed impressively in Iran war ZIM CEO Eli Glickman quits over failed bid eToro buys Israeli startup Zengo for $70m Israel’s CPI rose 0.4% in March Strong shekel wipes out sovereign wealth fund returns Shekel-dollar rate dips below NIS 3/$ AI protection co Artemis Security raises $70m Israel's fiscal deficit narrowed sharply in March Taboola lays off 5% of workforce Apartment overlooking Jerusalem's Old City sells for NIS 66.3m Hamburger family sells Harel shares for NIS 1.2b IDF to issue tender for 12,000 Israeli-made assault drones Enlight gets regulatory nod for Arava energy storage facility Camtek acquires Israeli AI startup Visual Layer Israel’s skies reopen but booking flights is fraught with risk Israeli VC firm Iron Nation launches $60m fund Lubinski to buy 50% stake in SPAR Israel Zuk to buy Californian bank for AI overhaul Elbit Systems wins $750m Greek PULS deal Netanyahu promised intervention but thousands will lose pay Restrictions again eased for flights departing Israel Israeli startups raised $1.2b in March Kinneret ends March above bottom red line Cyabra tumbles following Nasdaq debut Identity governance co Linx Security raises $50m BoI governor signals budget could delay interest rate cuts Gasoline prices to rise sharply Tuesday night Cabinet to discuss mortgage subsidies Israeli AI code review co Qodo raises $70m Security management co Huskeys raises $8m ScaleOps raises $130m at valuation over $800m Harel buys 19% stake in Waxman Group engineers Chief economist cuts growth forecast Israeli tech startups raise $3.1b in first quarter Treasury chief resigns after just one year Gov't springs surprise NIS 800m addition for haredi education Investment home buyers taking record mortgages Bill Ackman invests in AI transitional care co Dimer Health Rafael CEO: Iron Beam becoming operational Isracard hijacks El Al’s Fly Card from ICC CAL Isracard hijacks El Al’s Fly Card from ICC CAL Iran’s underground missile bases immune to attack Delta cancels Israel flights to September as restrictions continue How safe are our safe rooms? Eilat medical school to open this year AI agents for regulated industries co Notch raises $30m VW in talks with Rafael to produce Iron Dome - report Salesforce Ventures invests in Upwind at $1.6b valuation Knesset passes first reading of Unpaid Leave Law Israeli traffic management co NoTraffic raises $90m Arkia switches flights to Aqaba and Taba Uber Eats gears up for Israel launch Restrictions eased on outbound flights Leviathan gas field resumes operations
US, Indian companies bid for Metro tenders
Alon Pearl · 2026-03-06 · via News - Globes

This is the first time that US companies have shown an interest in a major Israeli infrastructure project.

The prequalification stage for the Tel Aviv Metropolitan region Metro tenders has ended and NTA Metropolitan Mass Transit has published initial details about the 20 international and Israeli consortia, which include 33 companies, which filed requests to bid in the tender. For the first time there are two US companies (previously US companies have not bid for Israeli infrastructure projects) and nine Indian companies (which until now have not participated in NTA tenders). There were also 11 Israeli companies, six Chinese companies and five from Europe in the prequalification stage.

The results announced today relate to the preliminary selection of the Metro's Infra 1 phase, which includes the heavy civil engineering work of the project: digging the tunnels, building the underground structure of the stations, and the structures connecting the street surface to the underground station. The tender, worth an estimated NIS 65 billion, includes digging 75 kilometers (out of 150) of double tunnels and 59 underground stations. This is the core section of the M1 line, all of the M2 line, and more than half of the M3 line.

NTA will now examine whether the consortia meet the threshold conditions to access the huge tenders that the company is due to publish by the end of 2026, in which the contractors who will carry out the Metro’s heavy infrastructure work will be selected.

NTA CEO Itamar Ben-Meir said, "The big response to the tender is like an extraordinary international vote of confidence in Israel and the Israeli economy, especially in the political-security reality of recent years. The number of bidders places the Israeli Metro on par with the largest and most sought-after infrastructure projects in the world. The fact that 11 Israeli companies are bidding in the tender is particularly gratifying, because the experience they will gain in the field will serve the country in future projects, which will reduce dependence on foreign companies."

NTA chairwoman Yodfat Afek-Arazi added, "This is the result of professional and focused effort that has been done over the past year with the world's leading infrastructure companies. We listened to concerns, removed barriers and presented the magnitude of the opportunity. The fact that 20 consortia chose to compete for the project is a major expression of confidence in the Metro, in the Israeli economy and in our ability to implement the largest infrastructure project in the country's history. The international market voted with its feet. The result clearly shows that the world is looking at the Metro in Israel and wants to be a part of it. There are no shortcuts in the Metro project. This is a long-distance race. This is a significant milestone, but for us this is just the beginning."

When Afek-Arazi talks about the focused efforts, she refers, among other things, to the fact that in recent months the company has conducted a global recruitment and advertising campaign. As part of this, delegations went out for face-to-face meetings with dozens of leading infrastructure companies in the world, from East Asia, the US and Europe. Last February, an international conference held by NTA for the Metro project in Gush Dan was also held in Tel Aviv, to present to infrastructure companies the tenders in the first infra phase. The conference was attended by more than 550 participants, including representatives of over 60 international infrastructure companies from some 20 countries, alongside Israeli officials working in the industry.

Minister of Transport Miri Regev said, "This is a tremendous expression of confidence in the economic strength of the State of Israel and in the implementation capabilities of the Ministry of Transport and NTA to carry out the largest project in the country's history. In these complex times, global companies are choosing to invest, compete and build here and this is no coincidence. The Metro will connect Israel and boost the productivity of the entire economy. NIS 34 billion of socio-economic benefit per year, a million fewer cars on the roads, 2 million passengers per day, this is not a transport project but a social reform that will change the face of the country."

Ben-Meir believes that digging will begin in 18 months. The Metro network, the first part of which is scheduled to open in 2037, will include three lines, which will connect 24 municipalities, employment zones, educational and medical institutions, and residential centers. In total, the project involves 300 kilometers of tunnels and 109 underground stations. The Metro will handle over 600 million trips per year, and in connection with the light rail network, more than 800 million trips annually.

Published by Globes, Israel business news - en.globes.co.il - on June 3, 2026.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2026.

Impression of Metro credit: NTA

Impression of Metro credit: NTA