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Friday, November 09, 2007

2010 To Be A Good Year For Israel?

It looks as if some analysts are predicting that Israel's electric and tech industries will reach a value of $32 billion within a few years, which is probably good news for anyone investing in Israel (or seeking to become one).

( Israel's electronics and software industries are expected to reach an annual market value of $32 billion in 2010, according to Elisha Yanay, chairman of the Israeli Association of Electronics and Software Industries (IAESI). [...]

Yanay noted that Israel has 3.2 million fixed line telephone subscribers, 7.18 million mobile phone devices and 2.5 million internet users. In 2006, he said, the local technology industry reached $18.7 billion.

Ironically 2010 is not the only date in which Israel is suppose to experience a multitude of blessings.

On that year, the Jewish state is also forcasted to triple its trade with China, strengthen its ties with India, and finally have direct flights to Japan.


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