Haifa Economic Corporation Ltd. was established in 1972 as a municipal corporation wholly owned by the Haifa Municipality, serving as the city’s entrepreneurial and economic arm. The company leads large-scale strategic projects aimed at driving economic growth, strengthening municipal revenue streams, and expanding high-quality employment in Haifa.
The company’s activities focus on four core sectors: Real Estate, Energy, Tourism Infrastructure, and Business Development, alongside a strategic initiative to position Haifa as Israel’s DefenseTech hub. The company operates under a business-oriented, entrepreneurial model based on the development of income-generating assets and long-term investments, creating economic value alongside urban impact.
Over the years, the company has initiated and led major projects that serve as key growth engines for the city and strengthen its position as a leading business and technology center.
The company operates several subsidiaries and key partnerships:
- MATAM – Development and management of Israel’s largest high-tech park, jointly owned with Gav-Yam
- Haifa Science & High-Tech Park – Development, construction, and marketing of an advanced business park, jointly owned with Mivne Group
- Haifa Sports & Leisure Complex – Development and operation of Sammy Ofer Stadium
- HiCenter – An innovation and investment hub promoting the city’s technology ecosystem, also operating the National Center for Blue Economy
The company collaborates with public and private entities in Israel and worldwide to attract investments, develop advanced infrastructure, and strengthen Haifa’s position as an innovative, entrepreneurial, and leading city.