Israel is among the top 20 countries for investment in the UK, according to figures released today by UK Trade & Investment. A record numbers of countries invested in the UK in 2009/10, UK Trade & Investment says, with 16 projects coming from Israel.
Richard Salt, director of UK Trade & Investment at the British Embassy in Tel Aviv, said, "I am delighted that for the second year running, Israel has improved its standing among the top 20 investing countries in the UK, having overtaken Belgium and Hong Kong. I encourage more Israeli companies to act now to benefit from the huge investment opportunities on offer in the UK."
In terms of numbers of projects, the US is by some way the largest source of investment in the UK, followed by Japan, France, India, Germany, China and Australia.
The leading sectors that attracted investment in 2009/2010 were software and computer services, advanced engineering, and life sciences.
Speaking at today’s UK Trade & Investment Business Summit, UK prime minister David Cameron said that the Coalition Government was committed to helping the world’s best companies thrive and grow in the UK. “We are determined to deliver the pro-business environment investors need; getting the deficit down to create certainty and stability, cutting business taxes, delivering flexible employment and cutting red tape and regulation," Cameron said.
Published by Globes [online], Israel business news - www.globes-online.com - on July 14, 2010
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