Israel-Asia Center fellowship secures $185 million for Israeli economy
"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."
By JERUSALEM POST STAFFFellows and alumni of the Israel-Asia Center's Israel-Asia Leaders Fellowship(photo credit: ISRAEL-ASIA CENTER)
Alumni of the Israel-Asia Center’s Israel-Asia Leaders Fellowship have secured over $185 million in the Israeli economy from Asian markets.The bulk of the money ($163 million) - stemming from markets such as Singapore, India, China and Japan - were investments secured in Israeli industries specializing in information and communications technology (ICT), cybersecurity, agricultural technology, healthcare and medical technology.The rest ($22 million) is attributed to direct sales of Israeli products in pharmaceuticals, logistics, retail and ICT, to China, South Korea, Japan, Singapore and Thailand.All the data was collected by the Israel-Asia Center as part of a survey among alumni of their Israel-Asia Leaders Fellowship.“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," said Israel-Asia Center founder and executive director, Rebecca Zeffert said.She 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.”
