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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).

(EETimes.com) 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.

Coincidence?




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