Alstom Wins Major Israeli Light Rail Contract

Alstom SA (FR:ALO) has released an update.

Alstom SA has secured a major contract exceeding €700 million to design, construct, and maintain a new light rail system connecting Haifa and Nazareth, which will significantly cut commute times by 40% and handle 120,000 daily passengers. The project, part of the HN – Light Rail Line Ltd. consortium, is set to generate hundreds of jobs and advance public transportation in northern Israel. This initiative underscores Alstom’s commitment to enhancing Israel’s rail infrastructure and promoting regional economic growth.

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