Privatization in Israel

So far around 90 government companies and subsidiaries have been privatized in Israel, which produced for the country, between the years 1991 and 2003 – a revenue amount of 8,749 million U.S.

The origin of the companies, like the rest of the components of the public sector in Israel, started in the period of the Yishuv, which evolved in parallel with the state.

After the state of Israel was founded and the cabinet was established, many dominant institutions which were formed beforehand were transferred to its possession as an "inheritance".

The flow of finance from various sources expands the boundaries of the public sector and adds an important dimension to the Israeli political economy.

Thus, promoting competition, encouraging investment, having a strong economy and reducing the state expenses—which would lead to cheaper services.

A partial list of the Israeli companies which have been completely or partially been privatized: Agriculture: Construction and infrastructure: Transportation and aviation services: Finance, banking and funding: Natural resources: Technology, Industry and telecommunication: Governmental Authorities: General: