Foreign investment in Israel rose 68% in January-September to $16.8 billion, an all-time high, the Bank of Israel announced today.
At the current rate, foreign investment in Israel in 2006 as a whole will total $20 billion. Foreign direct investment in real estate, industry and high-tech totaled $8.78 billion in January-September, 57% higher than in 2005 as a whole. Foreign investment in Israeli securities totaled $8 billion during the same period, compared with $4.36 billion in 2005 as a whole.
Foreign investment in Israeli shares listed abroad also rose sharply. Foreign investment in Israeli shares listed on stock exchanges abroad totaled $8.24 billion, 6.4 times more than the $1.29billion invested during 2005 as a whole.
Foreign investment in the TASE rose by $72 million net in September. However share sell-offs totaled $67 million in January-September, compared with a record $2.14 billion in investment in 2005 as a whole.
Published by Globes [online], Israel business news - www.globes.co.il - on October 8, 2006
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