Israel approves key rail link of 'interest' to India

Discussion in 'Economy & Infrastructure' started by LETHALFORCE, Feb 6, 2012.

  1. LETHALFORCE

    LETHALFORCE Moderator Moderator

    Joined:
    Feb 16, 2009
    Messages:
    20,550
    Likes Received:
    6,554
    Israel approves key rail link of 'interest' to India - India News - IBNLive


    Jerusalem: Israel on Sunday approved the construction of the first rail link between its Mediterranean and Red Sea coasts, offering a new Asia-Europe trade route to compete with the Suez Canal, a project in which India is also said to have evinced interest.
    The so called proposal for Red-Med train link was unanimously approved by the Israeli cabinet and its construction is likely to take about 5 years from the time of start at a cost of approximately $2.3 billion.
    Israeli Prime Minister Benjamin Netanyahu initiating the discussion on the subject more than a week ago, said that the project had "strategic, national and international importance."

    In an apparent reference to India and China, Netanyahu on Saturday told his ministers that in the "coming decade new powers will arise [with whom] Israel must create vital interests from a national strategy point-of-view."
    Netanyahu has stated that both the Asian giants have expressed a great deal of interest in the project. The Premier yesterday also asserted that Israel had an interest in creating an alternative route between Asia and Europe to the Suez Canal, and that this could serve as an "insurance policy".
    Such a link has the potential to serve as a means of transporting goods to Europe without having to go through the Suez Canal, since cargo unloaded in Eilat would then be sent by rail to Israeli ports, and from there to Europe.
    "Israel must become a continental land crossing route and create great power interest," the Israeli Premier said. In addition to the strategic aspects of this rail link, Netanyahu said it would also shorten travel time from Eilat to Tel Aviv to two hours, "and will change the face of the country".
    "For 63 years, there has been talk about linking the periphery to the center, but nothing has been done," he added. Currently the drive from Tel Aviv to Eilat takes about 5 hours.
    According to yesterday's decision, a team chaired by PMO director-general Harel Locker will consider three options to finance the project - an inter-governmental agreement with another government with which there are economic and strategic interests; public funding; or construction through a private franchisee, a press statement said.
    Constructing of the new rail link would necessitate both upgrading existing tracks, and laying new ones, the transportation ministry said.
    The Red-Med railway will include 63 bridges, which altogether will span some 4. 5 kilometers, and 5 tunnels, which together will extend for some 9.5 kilometers, it said.
     
    pankaj nema, pmaitra and W.G.Ewald like this.
  2.  
  3. Armand2REP

    Armand2REP CHINI EXPERT Veteran Member

    Joined:
    Dec 17, 2009
    Messages:
    10,397
    Likes Received:
    2,314
    It is a nice idea to have an alternative to the Suez in case of Egyptian fallout, but really. It is far cheaper to keep it on the boat and go through the canal. This is an uneconomical venture as shipping companies are not going to pay to unload and reload eating up time constraints.
     
  4. Rahul92

    Rahul92 Senior Member Senior Member

    Joined:
    Sep 4, 2010
    Messages:
    1,622
    Likes Received:
    748
    but i guess we have to travel from pakistan for that
     
  5. Bhadra

    Bhadra Defence Professionals Defence Professionals Senior Member

    Joined:
    Jul 11, 2011
    Messages:
    6,687
    Likes Received:
    2,357
    Pakistan must come into every thing! This height of ...... !!
     
  6. pmaitra

    pmaitra Moderator Moderator

    Joined:
    Mar 10, 2009
    Messages:
    31,663
    Likes Received:
    17,159
    Location:
    EST, USA
    Not really. Pakistan is nowhere near!

    [​IMG]
     
    LETHALFORCE likes this.
  7. HeinzGud

    HeinzGud Senior Member Senior Member

    Joined:
    Nov 26, 2011
    Messages:
    1,961
    Likes Received:
    382
    Location:
    Colombo, Sri Lanka
    I doubt it could cope with all the cargo tonnage that passes through the canal... though this could be vital for military purposes..!
     
  8. amoy

    amoy Senior Member Senior Member

    Joined:
    Jan 17, 2010
    Messages:
    5,523
    Likes Received:
    1,547
    >> http://defenceforumindia.com/china/31293-dragon-dance-negev-sino-israel-ties.html

    competition ah

     
  9. LETHALFORCE

    LETHALFORCE Moderator Moderator

    Joined:
    Feb 16, 2009
    Messages:
    20,550
    Likes Received:
    6,554
  10. cir

    cir Senior Member Senior Member

    Joined:
    Dec 28, 2010
    Messages:
    1,996
    Likes Received:
    269
    Cabinet approves Red-Med rail link

    Cabinet approves Red-Med rail link - JPost - National News

    By HERB KEINON 02/05/2012 17:07

    Train to link Eilat, Tel Aviv will create alternative to the Suez Canal for Asian-European cargo, reduce travel to 2 hours.

    The cabinet on Sunday approved construction of a Red-Med train link between Eilat and Tel Aviv to dramatically reduce travel time between the cities and create an Asian-European cargo link as a possible alternative to the Suez Canal.

    The cabinet unanimously approved construction of the 350-kilometer line, which according to a 2007 government evaluation, will cost NIS. 8.6 billion to build. It will include two tracks – one for passenger trains and the other for freight – and is expected to begin operation five years from the start of construction.

    According to Sunday’s decision, a team chaired by PMO Director-General Harel Locker will consider three options to finance the project: An “inter-governmental agreement with another government with which there are economic and strategic interests”; public funding; or construction through a private franchisee, as was done for the construction of Road 6.

    Last year following a September trip to China, Transportation Minister Yisrael Katz said the Chinese expressed interest in the project.

    Two weeks ago Katz issued a statement saying the Chinese option was the preferred one, and that over the years government corporations have been established in China that have proven to be efficient.

    “Experience shows that the professional ability of Chinese companies in building railway tracks and transportation networks is among the best in the world,” he said.

    Katz said Israel and China, which last month celebrated 20 years of diplomatic ties, share common economic and national interests.

    In an apparent reference to China and India, Netanyahu said that in the “coming decade new powers will arise [with whom] Israel must create vital interests from a national strategy point-of-view.”

    Netanyahu has said that both China and India have expressed a great deal of interest in the project, and that the rail link has “strategic, national and international importance.”

    Meanwhile, the prime minister said Sunday that Israel has an interest in creating an alternative route between Asia and Europe to the Suez Canal, and that this could serve as an “insurance policy” in the event that the canal is closed, or could not deal with the increasing volume of traffic. Such a link could serve as a means of transporting goods to Europe, without having to go through the Suez Canal, since cargo unloaded in Eilat would then be sent by rail to Israeli ports, and from there to Europe.

    “Israel must become a continental landcrossing route and create great power interest,” he said.

    In addition to the strategic aspects of this rail link, Netanyahu said it would shorten travel time from Eilat to Tel Aviv to two hours, “and will change the face of the country.”

    “For 63 years, there has been talk about linking the periphery to the center, but nothing has been done,” he said.

    Currently, the drive from Tel Aviv to Eilat takes about five hours.

    Constructing the new rail link sill necessitate upgrading existing tracks, and laying new ones. The Red-Med railway, according to a Transportation Ministry communiqué, will include 63 bridges, which will span a total of some 4.5 kilometers, and a total of 9.5 kilometers of tunnels.
     
  11. anoop_mig25

    anoop_mig25 Senior Member Senior Member

    Joined:
    Aug 17, 2009
    Messages:
    5,195
    Likes Received:
    2,223
    well how is that important to india ^^^ can u throw more light on it
     
  12. Ray

    Ray The Chairman Defence Professionals Moderator

    Joined:
    Apr 17, 2009
    Messages:
    43,118
    Likes Received:
    23,545
    Location:
    Somewhere

Share This Page