Victor Carter, regional chairman for the United States, said a hundred investment projects were “in the pipeline” in addition to 59 projects announced since last June’s conference. He predicted that Israel’s exports to the U.S. will increase from $91 million to $125 million this year, partly due to the efforts of the conference.
Lord Sieff of Great Britain spoke of 33 new British-Israel projects and Francois Pereire, representing Western Europe, referred to the creation of an investment company in Austria that was planning to build a plant in Israel. He said French investments were underway in such branches as garments, fish processing, photography, footwear, leather goods, timber products and furniture. Saul Eisenberg, from Tokyo, reported that Japan has ordered a complete industrial plant in Israel valued at $30 million.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.