Report: Israel’s Hazardous Waste Industry In ‘Financial Crisis,’ Needs Rescuing

Israel’s hazardous waste disposal industry is in “financial crisis” due to broad structural and regulatory failures, according to a new study conducted for the Environmental Protection Ministry.

The report recommends sectorwide restructuring that would open it to more competition and privatize much of the state-owned Environmental Services Company (ESC).

Both the ministry and ESC have reviewed the report, prepared by consultancy BDO Ziv Haft for the Environmental Protection Ministry, a spokesmen for the two government agencies told Bloomberg BNA May 28. Their conclusions “are expected to be completed within several weeks,” the ministry spokesman said.

Most significant among its proposals, ...