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    World

    Israel unveils $27 bn "One Israel Project", ambitious rail expansion plan involving Saudi Arabia

    Israel unveils $27 bn "One Israel Project", ambitious rail expansion plan involving Saudi Arabia

    Israeli Prime Minister Benjamin Netanyahu announced on July 30 an ambitious plan to build a $27 bn rail expansion that aims to connect outlying areas of Israel to the bustling metropolis of Tel Aviv. The infrastructure project, "One Israel Project," is also envisioned to potentially create overland connections to neighboring Saudi Arabia in the future.

    Photo: Israel unveils $27 bn "One Israel Project", ambitious rail expansion plan involving Saudi Arabia 
    Source: Reuters

    The announcement comes in the wake of a recent trip by high-level U.S. officials to Saudi Arabia, seeking to advance the possibility of formal diplomatic relations between the two regional powerhouses, Israel and Saudi Arabia.

    While addressing the weekly Israeli cabinet meeting, Prime Minister Netanyahu shifted the focus away from the ongoing constitutional crisis that has gripped the country for the past seven months, causing economic strain and concerns among Western allies about the health of Israeli democracy. Instead, he emphasized the importance of investing in infrastructure initiatives to boost the country's economy and connectivity.

    The "One Israel Project" primarily aims to significantly reduce travel time between the country's remote regions and its major business and government centers. The goal is to enable commuters to reach their destinations within two hours or less through a well-developed rail network.

    This ambitious plan is not entirely new, as similar concepts have been promoted in the past. However, previous attempts have seen limited progress. A multi-billion shekel initiative for a nationwide rail network was approved by the government in 2010 but ultimately failed to gain sufficient momentum.

    Prime Minister Netanyahu, undeterred by past setbacks, expressed his vision for the future expansion of the rail network. He highlighted the possibility of transporting cargo from the southern port city of Eilat to the Mediterranean coast via rail, which could significantly boost trade and economic activity.

    Moreover, Netanyahu hinted at the prospect of establishing rail links between Israel and Saudi Arabia and extending connectivity to the broader Arabian peninsula. While such a prospect remains in the realm of possibilities for the future, the mere mention of it signals Israel's openness to forging new regional partnerships and enhancing connectivity between countries in the Middle East.

    The finance minister of Israel has outlined an ambitious timeline, projecting that the high-speed north-south rail link will be operational within the next decade. This would mark a significant milestone in the nation's infrastructure development and could potentially lead to broader economic benefits for Israel and its neighbors.

     

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    30.07.2023, 23:48   Comments (0)   1585
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