on ALSTOM (EPA:ALO)
Funding finalized for the Haifa–Nazareth light rail project
Alstom and its partners have finalized financing for the light rail project linking Haifa to Nazareth in Israel. This €2 billion project marks a crucial step in improving mobility in northern Israel. The 41-kilometer line is expected to carry approximately 100,000 passengers per day, improving access to employment, education, and essential services, while reducing congestion and emissions.
Alstom's contribution is valued at approximately €750 million, covering design, rolling stock supply, and long-term maintenance. This project is one of the largest in the country, demonstrating the close cooperation between public and private partners.
R. H.
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