The Economikr name is derived from a genuine commitment to our clients  the basics of economics, combined with expert knowledge to present quality results. Founded in Israel in 2004, Economikr is managed by Rimon Rafiah, an international economic consultant whose vast experience and expertise spans over five continents. The company is based on a commitment to provide in-depth research, thorough market analysis, a collaborative work process, and a commitment to excellence for each and every project.

Economikr boasts an impressive client roster that includes governmental departments in the Middle EastNorth America, Latin AmericaEurope, Africa, and Asia, regional development agencies and organizations, funding bodies, local authorities, direct and third-party partnerships, and privately-held companies.


Economikr focuses on economic and financial feasibility, Public Private Partnerships (also known as PPP or P3), business plans, and asset management systems for a variety of international projects. The company’s services include Appraisal, Evaluation and Economic Feasibility, Business Plans, Ranking & Optimization, Economic Modeling & Research, Demand & Supply Forecasting, and Policy Recommendations & Action Planning.


The company specializes in evaluating diverse types of transportation projects, including BRT (Bus Rapid Transit), economic and financial modeling, public private partnerships (including transaction advisory services), economic feasibility of roads, economic impact analysis, transportation master plans, and pavement and bridge management systems. As the global energy market is evolving, both in supply and demand, Economikr’s energy economics projects include electricity generation, natural gas, oil and its associated products (including gasoline, diesel, fuel oil and Liquid Petroleum Gas). Our environmental projects deal primarily with waste treatment and reducing water consumption to help conserve scarce natural resources. Additional fields of expertise include statistical sampling and modeling, education, and R&D.


Rimon Rafiah – Managing Director
Rimon Rafiah has been an international economic consultant for more than two decades. During his career, he has performed economic evaluations on proposed transportation investments spanning the USA, Europe (Romania, Scotland), Latin America (Brazil, Colombia, Ecuador, El Salvador, Honduras, Guatemala, Panama), the Caribbean (Dominican Republic), Africa (Botswana, Mozambique, Uganda, Zimbabwe, Liberia, Nigeria), Asia (Sri Lanka) and Israel. He has also been responsible for a wide range of energy and environmental projects. 


Long-standing partnerships with leading engineering firms has provided Rimon with a keen understanding of road engineering and the use of specific equipment, including the Dynatest Falling Weight Deflectometer, laser profilometers, and GPS devices to create GIS maps and ground penetrating radar devices. Moreover, his knowledge and expertise in using these types of data, has enabled Rimon to incorporate and implement them in economic and engineering models.


Rimon is well-versed in understanding and applying complex economic and engineering models in computerized software. He is also knowledgeable in using industry-specific software tools, including HCS, HDM, aaSidra, emme/2 and TREDIS.


Rimon has provided economic consulting services and expertise to the following clients on five continents: FHWA, FRA, the World Bank, the Interamerican Development Bank, Economic Development and Research Group, DecisionTek, coupled with national governments, local governments, public institutions, and private companies.


Rimon is an experienced lecturer, moderator, guest speaker and published author with numerous papers and presentations to his credit, including appearances at the Annual Meeting of the Transportation Research Board, widely considered as the leading conference of the year for transportation professionals. Presentations at the TRB Annual Meeting include: "Connected, Automated and Electric Vehicle Technologies Can They Serve to Eliminate Congestion?" (co-authored with Ira Hirschmann of EBP-US), "Increased Usage of Carpool and Van Pools - data from the Tel Aviv Fastlane in Israel" (co-authored with Shuki-Cohen of MATAT Transport Planning Center), presented on January 12th, 2015 at the Walter E. Washington Convention Center, "Managed Lanes and the Park-and-Ride Shuttle into Tel Aviv, Israel: New Developments in the Managed Lane arena" (co-authored with Shuki Cohen of MATAT Transport Planning Center) presented on January 13, 2014 at the poster session of the Managed Lanes and Congestion Pricing showcase, "Public-Private Partnership Implementation in Developing Countries: Output and Performance-Based Contracts - New Trends in Financing and Procurement" which was presented at the highly-attended P3 poster session. ”, presented at TED2006 (Transportation and Economic Development) Conference, the “Economic Evaluation of TYDRIP, at a Conference on the Ten-Year District Road Investment Plan (TYDRIP) for 30,000 km. of the Ugandan Rural Road Network, and “International Sectorial R&D Spillovers and Country Growth", presented at Tel Aviv University.


Other presentations include 'Israel FastLane (HOT Lane)  - Changes in Demand, Modal Split, and the Factors Behind Them", co-authored with Shuki Cohen of MATAT Transport Planning Center, presented at the Managed Lanes Conference, held in Miami in May 2016, and received a TRB Certificate of Recognition for Outstanding Transit Service on a Managed Lane Corridor, "Evaluating Economic Impacts from Transportation Investments in Israel" (co-authored with Vladimir Simon of the Israel Ministry of Transportation and Shahar Ziv of BDO Economic Consulting), presented at the ITED2014 (International Transport and Economic Development) conference, "Meta Analysis of Economic Impact Studies: Implications of Highway Investment Planning" (co-authored with Steven Landau of EDR Group), presented at the ITED2011 (International Transport and Economic Development) conference, “PPP Implementation within a Pavement Management System for Nigeria”, presented at the ICMPA2008 (International Conference on Managing Pavement Assets), “The Cost of Highway Limitations and Travel Delay to Oregon’s Economy”, for the Oregon Business Alliance.


Rimon is the co-chair of the Joint Subcommittee on Congestion Pricing Economics at the Transportation Research Board (TRB). He is also a member of two TRB committees on Travel Demand Management, and the Economics and Finance committee. He is also a member of the Transport Economics, Finance and Appraisal (TEFA) committee of the Association for European Transport. He holds a Master’s degree in Economics from Tel Aviv University and a B.A. in Economics (Cum Laude), from The Hebrew University of Jerusalem.

economic feasibility, economic feasibility study, transport economics, energy economics, environmental economics, economic consultant, economic consultancy, economic analysis, master plans, asset management systems, pavement management systems, economic evaluation, ranking and optimization, demand and supply assessment, demand and supply forecasting, economic modeling and research, benefit/cost analysis, economic performance indicators, development impact, investment optimization, economic models, engineering models, multi-modal analysis, forecasting tools, economic appraisal and evaluation, Pavement Management Systems, Road Management Systems, Port Management Systems, Bridge Management Systems, budget analyses, cost-benefit analyses, evaluation of transport infrastructure, market structure assessments, project planning and budget prioritization programs, prioritization, ranking, World Bank, HDM, economic impact analysis, road safety