Wednesday, January 18, 2006

Israel as the Silicon Valley of Water

Waterfront, a new front organization created by former Ministry of Finance budget director Uri Yogev, aims to duplicate Israel’s success in defense, venture capital, high tech and agriculture; fields in which Israel is considered a know-how and business powerhouse.

As a first step, the Ministry of Industry and Mekorot decided to finance strategic research by business strategy expert Trigger Consulting. The study aims at seeing how the government should support the water industry. Trigger’s study found that the global water industry amounted to approximately $400 billion, double the size of the semiconductor industry, and is growing 8% a year.

How can I become part and benefit from this initiative? Think.

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