JTA NEWS
25 April 2018 - 11 Iyyar 5778 - י"א אייר ה' אלפים תשע"ח
JTA NEWS :
Business
Technology to assist Vietnam with water solutions E-mail

A delegation of Israeli business executives was in Vietnam in February, and visited the Mekong Delta province of Ben Tre to explore co-operation opportunities in some water and treatment technology-related sectors.

Boaz Zadik, CEO of Arrow Technologies, said his company is looking for investment opportunities in Vietnam. Arrow Technologies has been undertaking projects in India and Africa for 30 years and is ready to tie up with Vietnamese companies, he said.

Other executives also hoped to tie up with Vietnamese companies and transfer technology to the country. Bar Sharon, marketing director of Argos Company, said: “We will transfer technology and show Vietnamese companies how to use it so that they can develop steadily for the long term.”

Dr Ngo Ke Xuong, an agricultural expert, said he is intrigued by Israel. “A country with sand and desert can export tomatoes, cucumbers and mangoes. It is amazing! Vietnam should get technologies from Israel. Adoption of technology in agriculture is inevitable because we are under pressure from an increasing population and limited land.”

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China and Israel open incubation centre in Xiamen E-mail

China and Israel officially launched an incubation centre on 17 January in Xiamen, in China’s southeastern province of Fujian, to promote technology cooperation.

Located in Xiamen’s Software Park, the centre is dedicated to providing services for Chinese companies keen to apply Israel’s advanced technologies to their innovation projects.

The centre has established ties with more than 200 hightech companies, research institutions and incubators in Israel, in areas such as artificial intelligence, health care and clean energy, according to Jiang Baoqi, chairman of Innovation Connect (Xiamen) Technology, the centre’s operator.

“During the centre’s preparation phase, companies from the two countries expressed interest in nearly 100 projects covering a wide range of fields, including gene testing, smart cities and big-data analysis,” said Gabriel Simons, CEO of Innovation Connect.

Nadav Cohen, Consul General of Israel in Guangzhou, expressed his willingness to introduce Israeli companies to China, saying he looked forward to fruitful co-operation between the two sides.

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Ofo sets up Israel office E-mail

After a successful pilot scheme at Bar-Ilan University in Tel Aviv, Chinese bicycle-sharing company Ofo has opened a representative office in Israel, and has appointed Imri Galai as general manager of the Israeli branch, the company announced.

Galai formerly headed global marketing for Israeli taxihailing app company Gett, and was Europe, Middle East and Africa regional business development manager for apartment share company Airbnb.

As reported in the November 2017 issue of Jewish Times Asia, the company was planning to place 1,000 shared bikes in Israel by the end of last year. Ofo’s launch at Bar Ilan University received great support from the student union, teachers and students. Ofo placed 100 bikes at 19 parking sites around the campus.

Ofo is the first and largest bicycle-sharing platform in the world to operate station-free. Founded in China in 2014, it provides a convenient, cheap urban transport solution that cuts polluting emissions, reduces traffic jams, saves energy, and even contributes to people’s wellness.

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Israel Diamond Pavilion at Hong Kong show holds diamond auction E-mail

The Israeli Diamond Industry had a major presence at the Hong Kong Trade Development Council’s Hong Kong International Diamond, Gem & Pearl Show on 27-28 February at the AsiaWorld-Expo convention and exhibition venue. And this year, for the first time, the Israel Diamond Pavilion held an auction of special stones offered by Israeli exhibitors.

The Israel Diamond Pavilion, organised by the Israel Diamond Institute Group of Companies (IDI), hosted 70 companies. In addition, 10 Israeli companies exhibited in other locations throughout the show. Among the Israeli exhibitors were four companies participating in the show for the first time.

The Israel Diamond Pavilion was located in the Diamond Hall at the venue. A spacious lounge offered a place for buyers and sellers to relax, with refreshments served throughout the day. “Get Diamonds Show” terminals enabled buyers to search a computerised database, in both English and Chinese, of all goods offered by Israeli exhibitors at the show. Buyers were also able to access the Get Diamonds Show system on their smartphones.

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IDE officially launches new Innovation Center, Diamond Tech E-mail

During the 7th International Diamond Week (IDWI), held from 5 to 7 February, the Israel Diamond Exchange (IDE) officially launched its new Innovation Center, Diamond Tech. The technological incubator, located within the IDE complex, will host and support diamond-related startups in a variety of fields.

Through this initiative, IDE will promote new technologies that will bring added value to the diamond industry, as well as to other sectors. CARATS.IO, the diamond-based crypto-currency, is the first company to move into the incubator. Among the startups being considered are projects dealing with robotics, lasers and other advanced technologies for diamond manufacturing, virtual reality for innovative marketing platforms and more.

At the dedication ceremony, IDE President Yoram Dvash said: “This is something one can only dream about and we have been able to make it a reality. We are marrying the expertise and experience of the Israeli Diamond Industry with the originality and creativity of the Start-Up Nation. I believe that if the diamond industry wants to take off, this is the runway.”

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