The long-awaited decision has resulted in the Israeli government and the Jerusalem Municipality choosing the JTrain consortium.
The winning team is comprised of Israeli public construction firm Danya Cebus, public transport company Dan and Spanish infrastructure firm COMSA.
JTrain beat off competition from three other bidders that had been shortlisted for the deal back in August last year, which included firms such as Shikun & Binui, CAF and Alstom.
At the time of the shortlist, a preferred bidder had been scheduled to be announced by November 2022, but Partnerships Bulletin revealed last week that a decision was now imminent following the delay.
The project will see JTrain design, build, finance, operate and maintain a new 31km light rail system across Jerusalem, including a 2km subterranean section in the city’s centre.