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Israeli Cabinet Approves Construction of a Tel Aviv-Eilat Railway Line

10/01/2013 11:55:00

 The Israeli Cabinet approved the construction of a railway line from Tel Aviv to Eilat.  The 350-kilometer line will be for passengers and freight and is due to shorten travel time to a mere two hours. 

 

The Israeli Cabinet approved the construction of a railway line from Tel Aviv to Eilat.  The 350-kilometer line will be for passengers and freight and is due to shorten travel time to a mere two hours. 
 
The project is due to begin operations five years from the start of construction.
 
According to the decision, a team chaired by Prime Minister's Office Director-General Harel Locker will consider three alternatives for financing the project: An inter-governmental agreement between Israel and another government with which there are economic and strategic interests; establishing the project in cooperation with the private sector; or funding from the state budget.
 
 
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