A new report from the UK Department for Business and Trade reveals that Israel is among the top 10 countries in terms of per capita foreign direct investment projects in the UK in 2023-24, among European countries.
Luxembourg, Ireland and Sweden top the European list of countries in terms of per capita income; the top ten countries are completed by Norway, Denmark, Switzerland, the Netherlands, Finland, Austria and Israel.
Overall, Israel ranks 13th among European countries, regardless of population, with 19 projects this year.
According to DBT’s Inward Investment Results Report, 19 Israeli companies have either established or expanded their presence in the UK. These ventures have created 532 new jobs. The Israeli companies come from a variety of sectors, including fintech, healthcare, cybersecurity and more.
His Majesty’s Ambassador to Israel, Simon Walters, said: “This achievement is a testament to the strong partnership between the UK and Israel. Our two countries continue to work closely together, driving innovation and economic growth despite regional challenges. The UK’s commitment to fostering a supportive environment for Israeli businesses to expand and thrive remains steadfast. This strong collaboration underscores the enormous potential of our shared economic partnership. The UK remains a strong and welcoming destination for Israeli businesses looking to expand their global reach.”
This article was published in Globes, Israeli Business News – en.globes.co.il – on August 8, 2024.
© Copyright Globes Publisher Itonut (1983) Ltd., 2024.