Israel Export Institute chairman Shraga Brosh believes that in 2002, there will be a 10% growth in high-tech exports, compared with 2001. Brosh expects exports to reach $15 billion.
Brosh's forecast is based on recovery from the global economic downturn, and US economic indicators signaling future increased demand for high-tech products.
The Israel Export Institute, in cooperation with the Ministry of Industry and Trade, produced an English-language presentation of Israel's high tech sector as part of its decision to assist high-tech exporters. Israel Export Institute director general Israel Shotland spearheaded the project that was initiated due to the high-tech sector crisis, and Israel's security situation which kept representatives of international concerns from visiting Israel and working with Israeli high-tech companies.
The goal is to present Israeli high tech as a top quality, stable sector that offers the best technologies available.
5,000 decision-makers at the world's leading high-tech companies and organizations will receive a CD-ROM version of the presentation. It will also be distributed among government and public institutions, procurement officers, technology and telecommunications companies, venture capital funds and other investment institutions.
Brosh emphasized that the presentation was intended to assist commercial attaches, representatives of the Ministry of Foreign Affairs, Israel Export Institute and Chamber of Commerce, as well as other organizations and associations. It can also be used by Israeli technology executives at international conferences, seminars and events.
Published by Israel's Business Arena on 21 April 2002