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Invest in Israel Conference Unites Global Business Leaders to Bring More Advanced Manufacturing to Israel



Israel

Israel



September 15, 2017

Invest in Israel Conference Unites Global Business Leaders to Bring More Advanced Manufacturing to Israel

Last week, Invest in Israel, the Ministry of Economy’s one-stop-shop for foreign investment in Israel, hosted the first annual MNC Invest in Israel Conference, a spotlight event of the DLD Innovation Festival focused on attracting and expanding foreign investment in advanced manufacturing in Israel (www.mnc-conference.com).

Headlined by Israeli Minister of Economy Eli Cohen and DLD Chairman Dr. Yossi Vardi, the conference featured Amazon.com CTO Werner Vogels and senior executives from Mercedes-Benz, Phillips, IBM, Ernst & Young, HP, Verifone, and Flex, among other companies. Discussions focused on challenges and opportunities available to investors, the importance of establishing R&D and manufacturing in close proximity, and the competitive business incentives provided by the Israeli government to encourage growth. More than 400 global business leaders participated in the invite-only event.

Foreign direct investment in Israel in 2016 was $12.3B, climbing from $11.5B in 2015. With more than 300 multinational corporations (MNCs) already investing in Israel, companies from around the world continue to turn to Israel to take their businesses to the next level.

Invest in Israel helps potential and existing investors identify lucrative investment opportunities, map potential obstacles and help fast-track and support projects. Working with government ministries, local authorities, tax authorities, and planning and building commissions, Invest in Israel helps investors navigate the regulatory framework and receive the benefits to which they are entitled.

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