A light train line from Petach Tikva to Bat Yam, via Bnei Brak, Ramat Gan and Tel Aviv.

Project description:
PFI Project for financing, establishment,  operation and maintenance of the first line of the mass transportation system in the greater Tel Aviv area (the Red Line), which consists of four lines. The length of the line is 22 km, of which about 10 km. are underground.

Timetable:
· Presentation of proposals – February 27 2006.
· Awarding the tender and signing the contract – December 2006.
· Financial closure and initiation of establishment work (duration approximately 6 years) – December 2007.

Duration of the contract, including establishment period:
32 years, including 6 years for construction.

Frequency of trains:
· During peak hours: every three minutes at ground level and every 1.5 minutes underground.
· In daylight hours: every 3 – 6 minutes.
· At nighttime: every 10 – 15 minutes.
The Operations and Maintenance Depot of the system will be located in Kiryat Arie, Petah Tikva.

The overseeing authority of the project will be the UTA Company (Urban Transport Authority).