The Ministry of Finance of the Government of Israel has stated publicly that it will tender the construction and operation of three fast lanes at key road entry points to Tel Aviv later this year. The PPP project has an estimated total investment of ILS5.5 billion (US$1.51 billion).
This project has been in development for over three years. In March 2017, six companies and consortia bid to qualify for the tender, which was then scheduled for the third quarter of 2017. This has now been delayed to late 2018, still with no exact date set.
It has been estimated that completion of the fast lanes will take between 3 and 4 years from the launch of the tender. Private vehicle owners will have to pay user charges, while car pool travelers and public transport users will be able to use the fast lanes for free.