{"id":256232,"date":"2025-10-28T08:31:11","date_gmt":"2025-10-28T08:31:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/256232\/"},"modified":"2025-10-28T08:31:11","modified_gmt":"2025-10-28T08:31:11","slug":"proposed-1-25-billion-postwar-economic-plan-to-revive-israeli-industry-and-boost-exp","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/256232\/","title":{"rendered":"Proposed $1.25 billion postwar economic plan to revive Israeli industry and boost exp"},"content":{"rendered":"

Two sectors hit hardest during the two years of the October 7 war, Israel\u2019s industrial production and exports, are now at the center of a sweeping national recovery effort. The damage, estimated at billions of dollars, has prompted the Manufacturers Association of Israel to present the government with a comprehensive plan to rehabilitate the industry and restore exports to a path of growth.<\/p>\n

Valued at NIS 1.25 billion, the plan aims to strengthen Israeli exports in the short term and ensure sustainable growth in the years ahead. \u201cWe are confident that this postwar plan will secure Israel\u2019s industrial production and exports for years to come,\u201d said Dr. Ron Tomer, president of the Manufacturers Association, in an interview with Ynet and Yedioth Ahronoth\u2019s Mamon supplement.<\/p>\n

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\"\u05de\u05db\u05d5\u05dc\u05d5\u05ea.<\/a>\"\u05de\u05db\u05d5\u05dc\u05d5\u05ea.<\/p>\n

Containers. Illustration <\/p>\n

(Photo:Rick Rycroft\/AP )<\/p>\n

In recent years, Israel has faced complex economic challenges driven by security pressures, negative international sentiment, and damage to the \u201cIsrael\u201d brand abroad. Since exports account for about 28 percent of the nation\u2019s GDP and serve as a key growth engine, the Export Institute and the Manufacturers Association have developed the \u201cPsagot\u201d (Peaks) plan, a comprehensive framework designed to seize the momentum following the ceasefire and the return of the hostages, to reignite export growth and reinforce Israel\u2019s economic resilience.<\/p>\n

Submitted last weekend to Prime Minister Benjamin Netanyahu and Economy and Industry Minister Nir Barkat, the plan spans 2026 to 2031 and calls for embedding it as a formal multi-year government program.<\/p>\n

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\"$1.25<\/a>\"$1.25<\/p>\n

\u201cThe export sector is Israel\u2019s main growth engine,\u201d said Dr. Tomer. \u201cOver the past two years, exports suffered a sharp decline and a retreat in international cooperation. Israel must take bold measures to compensate for losses, restore confidence in its brand, and secure stable trade partnerships. We believe this plan can double exports within five years and achieve all its goals. The government should adopt it without delay.\u201d<\/p>\n

Avi Balashnikov, chairman of the Export Institute, added, \u201cExports account for about 30 percent of Israel\u2019s GDP, making them a central pillar of growth. Unfortunately, growing global hostility toward Israel, especially in recent months, has severely hurt our industry and exports. This plan could reverse that trend and help realize the immense potential of Israeli innovation and production.\u201d<\/p>\n

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3 View gallery <\/p>\n

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Protests against Israel in Sydney <\/p>\n

(Photo: Hollie Adams\/ Reuters)<\/p>\n

The plan\u2019s objective is to double Israel\u2019s exports through a broad, results-oriented support framework that will help Israeli companies expand internationally, enter new markets, and compete globally, even during periods of geopolitical instability. It places special emphasis on small and medium-sized businesses, which often struggle with financing, marketing, and regulation, and aims to rebuild Israel\u2019s reputation as a reliable and innovative business partner.<\/p>\n

Export marketing fund: A government-backed fund of about NIS 200 million per year to finance international marketing programs, exhibitions, local agent recruitment, product adaptation, digital campaigns, and artificial intelligence tools. The fund will subsidize up to 80 percent of approved expenses, depending on company size.<\/p>\n

\u201cGrowth to the World\u201d program: Funding for participation in international exhibitions, delegations, and conferences in industries such as high-tech, digital health, agri-food tech, and advanced manufacturing.<\/p>\n

Pilot support abroad: Funding for initial collaborations with foreign entities to prove feasibility, enter new markets, or promote products. Each pilot will be supported by an economic attach\u00e9 and a dedicated marketing consultant.<\/p>\n

\u201cBusiness Ambassadors\u201d initiative: Recruiting employees from target countries for six- to twelve-month internships in Israeli companies to deepen familiarity with Israeli innovation and create a global network of \u201cbusiness ambassadors\u201d who will later promote trade ties with Israel.<\/p>\n

International exhibitions: Participation in about 35 leading global exhibitions each year, with up to 80 percent cost coverage and professional guidance for companies, including those presenting independently outside the national pavilion.<\/p>\n

Business delegations: Organization of around 200 annual delegations with 1,000 participating companies to develop new markets, form strategic partnerships, and strengthen economic ties.<\/p>\n

Professional conferences: Hosting and supporting conferences in Israel and abroad in key sectors such as health, cybersecurity, defense, and agri-tech.<\/p>\n

National marketing and communication campaign: Advertising, public information, and training programs to raise awareness of the plan and encourage exporters to participate.<\/p>\n

Steering and oversight team: An inter-ministerial body comprising the Ministry of Economy, the Export Institute, and the Manufacturers Association to manage, monitor, and adapt the plan as needed.<\/p>\n

\"\u05e8\u05d5\u05dfDr. Ron TomerPhoto: Tal Shahar<\/p>\n

The plan will focus on expanding support for small and medium-sized exporters, rebranding Israel internationally, strengthening export infrastructure in key markets through additional economic attach\u00e9s and local teams, forming partnerships with friendly nations to secure supply chains, diversifying export markets to less politically sensitive regions such as India, Africa, South America, and East Asia, and improving access to funding, training, and information for exporters.<\/p>\n","protected":false},"excerpt":{"rendered":"Two sectors hit hardest during the two years of the October 7 war, Israel\u2019s industrial production and exports,…\n","protected":false},"author":2,"featured_media":256233,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-256232","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/256232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=256232"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/256232\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/256233"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=256232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=256232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=256232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}