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Article: Israel : Dan in talks to operate Jerusalem Light Rail.
- Article from:
- TendersInfo
- Article date:
- September 9, 2009
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Byline: rakshali03
Sources inform "Globes" that Dan Bus Cooperative is in advanced talks to take over as operator of the Jerusalem Light Railway from Veolia Transportation Inc. The negotiations are at a relatively advanced stage and Dan and Veolia have already "unofficially" approached the Ministries of Finance and Transport to receive a pre-ruling regarding the change.
The deal between Dan and Veolia would also involve a broader strategic cooperation between Dan, which operates bus lines in the Greater Tel Aviv area and Veolia, which operates bus lines in Israel through Connex.
Veolia owns 5% of CityPass the Jerusalem Light Rail's franchisee ...