State of Israel Welcome to:

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State of IsraelWelcome to Israel Bio-Tech
Seminar
Embassy of Israel, Singapore Economic And Trade
Department
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Agenda

• 0900- Opening Speech, H.E. Itzhak Shoham,
  Ambassador to Singapore.
• 0910- Economic Overview of Israel, Mr Ehud
  Gonen, First Secretary (Economic Affairs)
  Embassy of Israel.
• 0930- Overview and Current Trends of Israel's
  Biotechnology Industry, Dr Avi Molcho, Senior
  Vice President Giza VC.
• 1015-Academia-Industry Relationship of Israel's
  Biotechnology Industry, Prof Avner Yayon, CEO of
  ProChon BioTech.
• 1030- Coffee Break
• 1100- Singapore-Israel Industrial RD Fund
  (SIIRDF), Mr Teo Guan Hock, General Manager of
  SIIRD Foundation.
• 1120- Bio-tech Israel 2002 Conference, Ms Joelle
  Loy, Trade Officer, Embassy of Israel
• 1135- Presentations by Organitech, Giza VC and
  ProChon BioTech
• 1230- Tour of the Information Stands of
  Participating Companies and Refreshments

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Economic Overview of Israel

• The Hi-Tech Sector and
• Israel-Singapore relationship

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Economic Indicators 1998-2001
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Israels International Credit Ranking, 2001
Moodys Ranking Type of Debt A2 Foreign
Currency Debt A2 Local Currency Debt
Standard Poors Ranking Type of
Debt A- Long-term Foreign Currency Debt A1
Short-term
Foreign Currency Debt AA- Long-term Local
Currency Debt A1
Short-term Local Currency Debt
Source Ministry of Finance
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• Today there are over 140 Israeli companies traded
  on US stock exchanges. More than any other
  country outside North America.
• During 2000, 22 Israeli companies made IPOs
  abroad, raising 1.1 billion ( c/w 1.9 billion
  from 12 IPOs in 1999).
• There are around 30 Israeli companies traded on
  various European exchanges.

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• Israeli startups, as well as more established
  companies, are leading the world in cutting edge
  technologies.
• Today, Israel has about 4,000 high-tech companies
  (including start-ups). These numbers represent
  the second highest concentration in the world, in
  absolute terms, after California.

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How did this occur?

• Education
• The role of the government in RD
• Immigration

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An Educated Workforce

• 24 of Israels workforce hold university degrees
  (ranked 3rd in the industrialized world, after
  the US and Holland).
• 12 hold advanced degrees.
• 35 of Israelis between the ages of 25-44 hold a
  university degree.
• 40 of new immigrants hold academic degrees.

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Scientific Publication

• Israel ranks as the top country for scientific
  publication per capita, almost 60 of its
  scientific publication are in biology and related
  medical or agricultural fields.

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Investment in Education
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The Science Base

• Strong scientific infrastructure
• 7 Universities
• Research institutes
• 5 Medical school
• World wide known Weizmann Institute

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Scientists technicians per 10,000 workers
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The role of the government in RD

• Civil RD- Chief Scientist Office (CSO) at the
  ministry of industry and trade, (500 M US)
• Incubation program.

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The role of the government in RD

• Defense RD highly trained graduates of the
  Israel defense forces turning cutting edge
  defense technology into civilian applications.

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Immigration

• Increase of 20 of the population since 1989.
  More then 1 million immigrants in 10 years.
• Highly educated (specially science).
• Heavy pressure on infrastructure (including
  education).
• A multilingual population with cultural, historic
  and business ties to almost every other nation.

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Israel-Singaporerelationship
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Israel-Singapore Trade 1988-2001
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Israel-Singapore Trade 2001
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Thank You
Embassy Of Israel, Singapore Economic And Trade
Department 24 Stevens Close, Singapore
257964 Tel [phone] Fax [phone] E-mail
israeltr_at_magix.com.sg