Israel’s Minister of Transport Israel Katz and China\’s Minister of Transport Li signed the memorandum of understanding in Beijing.
The main project is the construction of a freight rail line that will link Israel\’s two Mediterranean ports in Ashdod and Haifa with Eilat Port.
The 180 km line will run through the Arava Valley and Nahal Zin. The estimated cost of the line is at least ILS 20bn (US$4.9bn).
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