September Edition 2019

10 11 Road and Highways Gilon Tunnel (north) China Civil Engineering Construction Corp. (CCECC) China 600 million Carmel Tunnel China Civil Engineering Construction Corp. (CCECC) China 450 million Fast Lanes Netivei Israel Company Israel NIS 4.7 billion Light Rail Tel Aviv Red Line China Civil Engineering Construction Corp. (CCECC) and NTA Israel and China Construction cost to be NIS 16.1 billion Tel Aviv Red Line (tunnels) China Railway Tunnel Group (CRTG) China Tel Aviv Red Line (electronic systems) China Railway Tunnel Group (CRTG) China Tel Aviv Red Line (rail cars) CRRC Corp. Ltd. (CRRC) China Infrastructure Project Country/ies Estimated Value (NIS) Lead Company(ies) involved Current Infrastructure Projects in Israel Tel Aviv Green Line NTA Israel Construction cost of 20 billion Tel Aviv Purple Line NTA Israel Construction cost 8.6 billion Jerusalem (JNET) Green Line Shafir Engineering Company and CAF Israel and Spain Construction cost 11 billion Jerusalem (JNET) Blue Line Jerusalem transportation masterplan team Not yet determined Construction cost 10 billion Haifa - Nazareth Light Rail "Hotzeh Israel" company Not yet determined Construction cost of NIS 5.9 billion Ports Ashdod Port Israel Ports Company; China Civil Engineering Construction Corp. (CCECC) and China Harbour Engineering Co. (CHEC) Israel and China Construction cost of 4 billion Haifa Port Israel Ports Company; Shanghai International Port Group Co. Ltd. (SIPG) Israel and China Construction cost of 4 billion Power Alon Tavor Power Plant China Harbour Engineering Co. (CHEC), Rapac Energy and Mivtach Shamir Holdings Israel and China 1.9 billion Desalination Sorek 2 Water Authority Not yet determined To be determined “Authorities and Government are working hard to ensure risks are properly transferred to the private sector. We see this as very much an area where we think the experience of international sponsors and funders can make a genuine difference,” adds Metzger. Meidan points out that “international participants will be happy to know that Israel has adopted an international standard of tenders and concessions,with tendersmostly in English,bankable and meeting international standards.” In addition to the PPP model, an Israeli government panel has also recommended the establishment of infrastructure investment funds that within three years of formation will list on the Tel Aviv Stock Exchange. These funds are to boost project financing, lower credit and capital costs, and help the much-needed projects get built, and, as we can see, there is no shortage of interested parties. source: Government report, 2019