Tevel Metro

Operator of the Dankal Red Line

Nº Q134126485 ★★★★

Super Rare · Organizations

Tevel Metro

Operator of the Dankal Red Line

Tevel Metro (Hebrew: תבל מטרו) is a privately held company operating the Red Line of the Tel Aviv Light Rail since it started operating in August 2023. The company was established in 2017 as a corporate group containing the Israeli bus company Egged (51%), the Chinese Shenzhen Metro (30%) and China Civil Engineering Construction Corporation (19%).

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From Wikipedia

Tevel Metro (Hebrew: תבל מטרו) is a privately held company operating the Red Line of the Tel Aviv Light Rail since it started operating in August 2023. The company was established in 2017 as a corporate group containing the Israeli bus company Egged (51%), the Chinese Shenzhen Metro (30%) and China Civil Engineering Construction Corporation (19%). It is part of Egged Group. The company won the tenders to operate all 3 lines of the Dankal system; First, it won the Red Line tender in August 2017 for a term of a decade, with an option to extend for additional 6 years. Then, on 12 March 2025, it secured the tenders to operate the Green and Purple lines for a decade, with an option to extend for an additional decade.

Text: Wikipédia, CC BY-SA 4.0. · Image: מקף־עברי (Public domain) ·

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