Israeli highway development

A new US$816 million highway extension project for Israel has been given the go ahead by the country's government.
February 10, 2012 Read time: 1 min
A new US$816 million highway extension project for Israel has been given the go ahead by the country's government. The project calls for the extension of the northern section of Road 6 from Yokneam to the Somekh Interchange. Meanwhile Road 6 is also to be extended at its southern end from Lahavim to Shoket. The highway development programme forms part of the Netivei Israel plan to bring the Galilee and Negev regions closer to the country's central region. 2572 Israel's Ministry of Transport says that a combination of private funds and government money will be used to pay for the work.

For more information on companies in this article

Related Content

  • Thailand Government plans infrastructure programme
    November 24, 2015
    Major plans are in hand in Thailand for transport infrastructure development. The country’s Ministry of Transport is revising its construction plans for a series of key transport infrastructure projects at present. Several selected plans will then be presented to the cabinet in mid-December 2015. A total of five public-private partnership (PPP) ventures are among projects that will be re-submitted to the cabinet for approval. Two of these PPP projects are highways that will cost an estimated US$3.9 billion.
    Read More
  • Bosnia gets EBRD loan for Corridor 5c work
    January 8, 2024
    The project will include the construction of an interchange and a 15 km dual-carriage motorway section, along the Mostar North-South section.
    Read More
  • Australia responds to infrastructure funding challenge
    July 13, 2012
    The Global Financial Crisis (GFC) has drastically changed the way governments and the private sector is prepared to procure vital infrastructure projects, says Philip Davies Governments have responded to the GFC by focusing on long term investment in transport infrastructure and shorter term stimulus packages to kick-start economies. As these projects proceed, the focus will shift to maintaining and achieving maximum benefits from assets and future infrastructure funding. The Public Private Partnership (PP
    Read More
  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
    Read More

Highlighted Content