Israel-Asia Center Secures over $185 million of investment from Asia into Israeli Economy
Over $185 million of investment has been secured from Asian markets in the Israeli economy – by alumni of the Israel-Asia Center’s Israel-Asia Leaders Fellowship.
The figure, most of which was secured over the past three years, comprises over $163 million of investments and deals secured from Asia in Israeli companies in the fields of ICT, cybersecurity, agritech, healthcare and medtech – from Singapore, India, China and Japan.
An additional $22 million are attributed to direct sales by Israeli companies in the sectors of pharma, logistics, retail and ICT, to China, South Korea, Japan, Singapore and Thailand.
The data was collected in a recent survey conducted by the Israel-Asia Center, a Jerusalem-based nonprofit dedicated to empowering, informing and connecting the Israel-Asia leaders of tomorrow. Since 2011, the organization has been training young leaders from Israel and across Asia to become force-multipliers in the Israel-Asia arena through its prestigious Israel-Asia Leadership Fellowship, with its graduates making significant contributions to Israel-Asia bilateral relations.
Commenting on the investment secured by Israel-Asia Fellowship’s alumni, Israel-Asia Center founder and executive director, Rebecca Zeffert told eJP, “This is exactly the kind of ripple effect we set out to achieve when we first started out with this program. We are proud to see how the Israel-Asia Center has not only strengthened the relationship between the future leaders of Israel and Asia, but has also directly supported the Israeli economy in such a meaningful way.”
Zeffert added, “We are living in a new global reality – an Asian Century – driven by Asian economies, markets, increasingly Asian ideals, cultures, demographics and needs. And over the next year, given the downturn in the economy due to Covid-19, our work in helping to connect Israel with Asia’s economic powerhouses has never been more vital.”
Israel-Asia Center was incubated through the PresenTense Global Fellowship.