Tevel Metro
Native name | תבל מטרו |
|---|---|
| Company type | Privately held company |
| Industry | Transport |
| Founded | 3 March 2017 |
| Headquarters | Israel |
Area served | Gush Dan |
| Services | Operation of the Red, Green and Purple lines of the Tel Aviv Light Rail |
| Owner | Egged Group |
Number of employees | 500 (2025) |
| Parent | Egged, Shenzhen Metro, China Civil Engineering Construction Corporation |
Tevel Metro (Hebrew: תבל מטרו) is a privately held company operating the Red Line of the Tel Aviv Light Rail since it started operating in August 2023. The company was established in 2017 as a corporate group containing the Israeli bus company Egged (51%) and the Chinese Shenzhen Metro (30%) and China Civil Engineering Construction Corporation (19%). It is part of Egged Group.
The company won the tenders to operate all 3 lines of the Dankal system; First, it won the Red Line tender in August 2017 for a term of a decade, with an option to extend for additional 6 years. Then, on 12 March 2025, it secured the tenders to operate the Green and Purple lines for a decade, with an option to extend for an additional decade.