Chinese Investors Eying Israeli ‘Green’ Tech Market

israeli tech sector
David Silverman/Getty

The Algemeiner reports: JNS.org – An Israeli delegation headed by Environmental Protection Minister Ze’ev Elkin is visiting China to bring Israeli firms specializing in green technology together with Chinese companies looking to invest substantially in the growing industry.

During his trip, Elkin has met with industry officials who plan to invest around $520 million in green technologies. Officials also discussed the possibility of establishing a joint Israeli-Chinese center for the advancement of clean technology.

“This is a tremendous opportunity that will significantly boost the Israeli economy,” Elkin said. “We can turn Israel into a leader in the field of environmental technology, just as we succeeded in doing in the field of high-tech.”

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