Haifa Seeks Investors for Major Real Estate, Tourism, and Energy Projects

The Haifa Municipality, through its economic arm, the Haifa Economic Corporation, is actively seeking entrepreneurs and investors to spearhead new projects within the city. These initiatives could potentially reach hundreds of millions of shekels and span sectors including real estate, energy, infrastructure, tourism, and defense technology. The corporation has issued a Request for Information (RFI) to companies, entrepreneurs, funds, and investors both domestically and internationally, inviting proposals for ventures and collaborations.

The primary objective is to identify projects with significant economic and employment potential that can commence development by 2027. The Haifa Economic Corporation, which manages assets worth approximately 2 billion shekels and has a 2026 budget of around 160 million shekels, is open to providing financial participation in suitable projects, alongside assistance in their advancement and connection to business partners. This initiative is currently in an initial information-gathering phase, not a formal tender.

Interested parties are required to submit proposals detailing a clear business model, execution capabilities, an initial implementation plan, budget, funding sources, timelines, relevant experience, and a proposed cooperation model with the corporation. They must also specify the role they expect the corporation to play and the extent of its required involvement.

Rani Bander, Chairman of the Haifa Economic Corporation, stated that the corporation aims to drive new business opportunities locally and internationally to expand Haifa's economic activity. He emphasized their commitment to helping entrepreneurs develop new business models in the city's core sectors, with potential investments ranging from tens to hundreds of millions of shekels, involving both capital investment and practical support.

Hanan Markowitz, CEO of the Haifa Economic Corporation, added that the company is proactively engaging with the market to find ventures that can generate quality employment, investments, and revenue for Haifa. He invited entrepreneurs to present mature projects with viable economic models and execution capacity, and the corporation would explore how to integrate and assist in making them a reality.

Mayor Yona Yahav highlighted the municipality's efforts to boost economic activity, attract companies and investments, and create high-quality jobs. He pointed to Haifa's strengths in human capital, academia, research, industry, technology, assets, and infrastructure, positioning the Haifa Economic Corporation as a key instrument in transforming these advantages into tangible opportunities and employment.