Senior officials from Singapore arrived in Israel on Wednesday to take part in a board meeting with top representatives from Israel. They will discuss joint projects between Israeli companies and Singaporean companies and research institutes. These projects are expected to cost some $8.2 million.
According to Chairman of the Israel Innovation Authority, Mr. Avi Hasson, "Technological cooperation between Israel and other countries on research and development, especially with technologically advanced countries like Singapore, highlights Israel's prominent position as a technological leader and the influence of Israeli technology on the entire world. The cooperation between Israel and Singapore has borne technological rewards that benefit not just the two countries, but the entire world."