As per the MoU, TEXMACO's expertise is being sought in track-related works for the Tel-Aviv Red-Line and Jerusalem Green-Line LRT projects. The Tel-Aviv red line will be the first section of Light rail system in the Tel Aviv metropolitan area and the line will run in the northeast part of the Capital city with a significant portion of it underground.

The total cost of the red line is estimated at approximately US$3 billion. The 19.6 km Jerusalem Green line will link the two campuses of the Hebrew University and continue towards South of the Holy City. There would be 36 stops in the Green Line, and is predicted to be used by 2 Lac passengers per day.

Lesico Group Co-founder & Chairman Jechiel Leshman, said, "We will continue to operate in accordance with our values and organizational culture; we hope to play an exclusive role in growing ties between the two nations. The success of the Tel Aviv Metropolitan Area Mass-Transit System will lie in as much as it will touch every citizen's daily life. The TEXMACO-Lesico collaboration goes beyond our joint capabilities; we are building for our future. The partnership will prove to be a catalyst in furthering business ties with India."

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