Japanese mull investing in Israel

The Israel-Japan Chamber of Commerce will hold a seminar on Japanese investment in Israel later this month.

"There are many opportunities for Japanese capital investment in Israel," says Israel-Japan Chamber of Commerce chairman Miki Ron.

Ron said interest in investing in Israel was growing, despite Japanese government warnings against visits to Israel by Japanese citizens. "Evidence of the revival can be seen in trade figures, the upcoming delegation by ten company chiefs to the Telecom Israel 2004 exhibition, and prime ministers conference in Tokyo in November."

The Israel-Japan Chamber of Commerce will hold a seminar on Japanese investment in Israel and business opportunities for Israeli companies in Japan at the Dan Panorama Hotel in Tel Aviv on October 20. The Japanese economic attache to Israel, ITX Europe general manager Toru Amakasu, Tel Aviv University president Prof. Itamar Rabinovich, and Bank of Israel research department economist Dr. Yishay Yafeh will participate in the seminar.

Ron said that the positive trend in trade with Japan was continuing. The trend began last year, when the volume of trade reached $1.48 billion. In the first half of 2004, bilateral trading volume was $901 million. Israeli exports to Japan rose by 20% to $338 million, while imports rose 47% to $563 million.

Published by Globes [online] - www.globes.co.il - on October 5, 2004

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018