© Faiz Abu Rmeleh / Active StillsThe Jerusalem light rail which links Israel’s illegal West Bank colonies is a symbol of oppression to Palestinians.
The Electronic Intifada can exclusively reveal that Canadian engineering giant
Bombardier has pulled out of a bid to expand and operate an Israeli tramway linking settlements in the occupied West Bank.
Bombardier is one of several global firms - two others being Australia's Macquarie and Germany's Siemens - to drop out of the tender to build the next phase of the
Jerusalem light rail.
The light rail system links settlements to each other and to Jerusalem, helping to entrench and facilitate Israel's colonial expansion in the occupied territory - a
war crime.
The tramway is a
symbol of oppression for Palestinians.
Last month Israeli business publication
Globes reported that investment fund Macquarie was withdrawing its support from the bidding consortium that includes Bombardier and Austrian company Wiener Linien.
According to
Globes, the consortium was "looking for an investment fund to replace Australian fund Macquarie."
However, a spokesperson for Macquarie confirmed to The Electronic Intifada on Wednesday that
not only had the Australian financier withdrawn, but the entire consortium spearheaded by Bombardier had pulled out altogether.
Comment: Perhaps if the names of corporations who profit from illegal settlements were more widely circulated, the bad publicity and threat of a consumer backlash would deter more investments: UN fails to name and shame firms profiting from illegal settlements in West Bank