The CityPass Group is the concessionaire of the Jerusalem Light Rail (JLR) Red Line under a 30-year concession agreement.
Serving 170,000 passengers daily, the JLR is the most innovative public transportation system in Israel. Plans are underway to extend the Red Line an additional 7.7 km and to construct an additional 22.6 km line that will be called the Green Line. Since it started operating, passenger activity has increased at a rate of 36% per year.
Both IIF I and IIF II invested in CityPass. IIF I realized its investment in 2016, while IIF II is an active investment.
15% of private car owners in Jerusalem have now moved over to using the train and are leaving their cars at home.