Bank of Israel: 2006 foreign investment in Israel reach all-time high

Foreign direct investment in Israel totaled $13.2b in 2006, including the acquisition of 80% of Iscar by Berkshire Hathaway, compared with $5.6b in 2005

The Bank of Israel (BoI) issued a press release last week indicating that foreign investment in Israel reached an all-time high of $21.1b in 2006, up from $9.9b in 2005 and $7.2b in 2004.
 
Foreign direct investment in Israel totaled $13.2b in 2006, including the acquisition of 80% of Iscar by Berkshire Hathaway, compared with $5.6b in 2005.
 
The BoI also noted that foreign investment in the Tel Aviv Stock Exchange (TASE) securities fell by a net $143m in 2006, after a record net $2.1b was invested in 2005.
 
Regarding Israeli investment overseas, the BoI said that in 2006 overseas investment by Israelis reached an all-time high of $21b, of which $12.3b was direct investment, five times more than in 2005.