14 September 2019 - 14 Elul 5779 - י"ד אלול ה' אלפים תשע"ט
Mitsubishi Corporation to open an innovation centre in Tel-Aviv Print E-mail

Japan’s Mitsubishi Corporation announced in May that it will open an Israel development centre in TelAviv, Israel’s Ministry of Economy and Industry reported, which will scout for investments in startups.

“In the past two years, company representatives have begun to examine whether they should expand their activity in Israel and focus more on technological cooperation, including investments in Israeli companies,” the ministry said.

Over the past four years, the Ministry of Economy and Industry say more than 70 Japanese companies have opened representative offices in Israel. Over that period, Japanese companies have invested more than US$5 billion in Israel.

Last year, Renault-Nissan-Mitsubishi (not related to Mitsubishi Corp.) set up a US$1billion venture capital fund, which has an Israel office.

(Issue Jul/Aug 2019)


Warning: Parameter 1 to modMainMenuHelper::buildXML() expected to be a reference, value given in /home/joomla789/domains/jewishtimesasia.org/public_html/libraries/joomla/cache/handler/callback.php on line 99
Jewish Times Asia is published by Jewish Times Asia Ltd. © Copyright 2019.
Material in the newspaper or on this site may not be used or reproduced in any form or in any way without permission from the editor.
While every effort has been made to ensure the content is true and accurate, the publisher is not responsible for any errors or omissions in the printed text.