Saturday, January 3, 2026
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Israel Railways CEO: We aim for 300m passengers by 2040

by Yuval Nisani
February 4, 2025
in Business
Reading Time: 3 mins read
A A
0
Home Business
Share on FacebookShare on Twitter


Israel Railways CEO Moshe Jana informed Globes transport correspondent Asaf Zagrizak on the Globes Infrastructure for the Future Convention that, “We’re within the midst of railways revolution.”

He defined his phrases by saying that in the present day there’s an funding of “NIS 67 billion in Israel Railways infrastructure, and with all of the cuts we now have gone by, the Minister of Transport and Director Normal of the ministry insisted on not touching a shekel from the railway initiatives. That could be a assertion for my part.”

Jana added that the plan is to “Double the quantity of tracks, in order that by 2040 we are going to have already got 2,600 kilometers of observe. By way of passengers, we could have 105 million in 2030 and 300 million in 2040. These usually are not imaginary numbers, however numbers that we’re a part of the five-year plan. The dream – half-hour gross from Beersheva or Haifa to Tel Aviv”.

The plan: two trains an hour to the Western Negev – from August

Jana additionally addressed the criticism that there’s just one prepare per hour on the road serving the Western Negev, which was reopened solely this week: “In a reasonably fast restoration course of after October 7, we managed to open all of the stations, aside from one part that the Southern Command banned from working. We needed to deliver excellent news to the Western Negev, however the Ministry of Protection didn’t permit it. Luckily, ultimately it occurred. Certainly, there’s presently just one prepare per hour on this line, however we’re taking a look at rising it to 2 trains per hour throughout rush hours. After we end electrifying the complete area subsequent August, there will likely be two trains per hour.”

Concerning the anticipated choice to spend money on the close to future solely in current infrastructure and never in new infrastructure for Israel Railways, he mentioned: “It is a unhealthy choice for my part. Israel Railways stands on three legs – passengers, freight and infrastructure growth. Infrastructure growth is the way forward for the railway and with out it there is no such thing as a future. A railway undertaking takes10 to fifteen or 17 years – these are very lengthy processes. If Israel Railways doesn’t do it, for my part it’s much less good. Luckily, we now have companions, Netivei Israel, for instance, and collectively we’re engaged on integration and connecting initiatives. Even when there usually are not at all times agreements.”

On this context, he additionally responded to rumors that his working relationship with Netivei Israel director basic Nissim Peretz is just not good: “Nissim Peretz is a buddy from the military, and all of the rumors are ‘nonsense’. We get alongside effectively, typically we disagree and that’s regular. We sit collectively and proceed to debate methods to do good for the State of Israel.”




RELATED ARTICLES




Egged CEO: We offer Israel with transport safety


CAF Israel president: Israel Railways should deliver in additional gamers






Full disclosure: The convention was sponsored by Ackerstein, CAF, Israel Railways, Netivei Israel, and Egged and with the participation of Ashdod Port and Mekorot.

Printed by Globes, Israel enterprise information – en.globes.co.il – on February 3, 2025.

© Copyright of Globes Writer Itonut (1983) Ltd., 2025.




Source link

Tags: 300maimCEOIsraelPassengersRailways
Previous Post

Look Up! Drones Are Heading to Your Home…

Next Post

Trump coin leads tumble in meme cryptocurrencies as tariffs rock global markets

Related Posts

LIC Launches Special Campaign To Revive Lapsed Policies

LIC Launches Special Campaign To Revive Lapsed Policies

by PTI
January 2, 2026
0

Insurance coverage behemoth Life Insurance coverage Company of India (LIC) on Friday introduced the launch of a two-month-long marketing campaign...

Tesla loses title as world’s biggest electric vehicle maker as sales fall for second year in row

Tesla loses title as world’s biggest electric vehicle maker as sales fall for second year in row

by Euro Times
January 2, 2026
0

FILE PHOTO: Tesla electrical automobiles are pictured at one of many firm's supply facilities in Valenton, close to Paris, France,...

Commercial vehicle stocks at a turning point. Can Ashok Leyland, Tata Motors, and Force Motors deliver in 2026?

Commercial vehicle stocks at a turning point. Can Ashok Leyland, Tata Motors, and Force Motors deliver in 2026?

by Veer Sharma
January 2, 2026
0

After a chronic interval of muted demand weighed down by excessive possession prices, cussed inflation, and an unfavourable rate of...

Gold And Silver Open 2026 With Gains Following Huge Annual Surge

Gold And Silver Open 2026 With Gains Following Huge Annual Surge

by Bloomberg News
January 2, 2026
0

Gold and silver superior as buying and selling in 2026 kicked off, constructing on their greatest annual performances since 1979.Bullion...

At least 40 killed, 115 injured in New Year bar fire at Swiss Alpine resort

At least 40 killed, 115 injured in New Year bar fire at Swiss Alpine resort

by Euro Times
January 1, 2026
0

Folks depart flowers outdoors the "Le Constellation" bar, after a fireplace and explosion throughout a New 12 months’s Eve social...

Tax Authority hands NewMed 8m tax bill

Tax Authority hands NewMed $198m tax bill

by Ela Levi-Weinrib
January 2, 2026
0

Israeli oil and gasoline exploration partnership NewMed Vitality (TASE: NWMD), the largest companion within the Leviathan pure gasoline reservoir,...

Next Post
Trump coin leads tumble in meme cryptocurrencies as tariffs rock global markets

Trump coin leads tumble in meme cryptocurrencies as tariffs rock global markets

Vanguard cuts fees for nearly 100 funds, including ETFs with billions in assets

Vanguard cuts fees for nearly 100 funds, including ETFs with billions in assets

US judge orders DC pipe bomber to remain in custody ahead of trial | Courts News

US judge orders DC pipe bomber to remain in custody ahead of trial | Courts News

January 2, 2026
Just when you thought Elon Musk’s creepy AI couldn’t get any worse

Just when you thought Elon Musk’s creepy AI couldn’t get any worse

January 2, 2026
Grok is undressing anyone, including minors

Grok is undressing anyone, including minors

January 2, 2026
Map: 6.5-Magnitude Earthquake Shakes Mexico

Map: 6.5-Magnitude Earthquake Shakes Mexico

January 2, 2026
The 2026 stock market is looking a lot like the bifurcated market of 2025

The 2026 stock market is looking a lot like the bifurcated market of 2025

January 2, 2026
LIC Launches Special Campaign To Revive Lapsed Policies

LIC Launches Special Campaign To Revive Lapsed Policies

January 2, 2026
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

US judge orders DC pipe bomber to remain in custody ahead of trial | Courts News

Just when you thought Elon Musk’s creepy AI couldn’t get any worse

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In