Homeowners in Israel can take title to the land under their houses and apartments after the Knesset voted in early August to privatize the Israel Land Administration.
The reform passed 61 to 45, above the protest of environmentalists, Jewish nationalists and Arab parties. The law will transform the ILA, which historically controlled 93 percent of Israel’s land, into the Lands Authority. This body will sell state land, beginning with 100,000 acres and expanding to double that by 2014.
We’ve covered the land reform as it was debated; for more background, check out this post on land in Israel and this one on the last vote.
According to the JTA:
Gil Yaacov, director of the Green Course student environmental group, part of a 13-organization anti-privatization coalition, says the government’s plan relinquishes control under the cover of efficiency.
“Out of the total 800,000 dunams, 550,000 are open spaces — places that are not built yet,” Yaacov said, citing coastal areas, among others. “Once you privatize those open spaces, the government loses control over the conflict between private investment and the public interest.”

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A recent article in Israel’s Globes financial newspaper, explores how Israel’s valuable exports of Dead Sea mined potash to India will be reduced this year due to the weakest monsoon season in India in five years.
Hakfar Hayarok