Tel Aviv light railway gets funded

HSBC (UK) and Leumi (Israel) are providing $1.1 billion of finance for Tel Aviv’s light railway. The 46 stations, 18-mile-long Purple Line will connect central Tel Aviv to Yehud, Kiryat Ono, Ramat Gan, Givatayim, Bar Ilan University, Sheba Medical Center, and Shuk Hacarmel.

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