By ARGYLL CYRUS B. GEDUCOS
JERUSALEM, Israel – Almost $83 million worth of investments and cooperation deals that would generate around 790 jobs were inked between the Philippine and Israeli firms during President Duterte’s historic four-day visit here.
In a business forum, 21 deals were signed between Filipino and Israeli private firms here – three memoranda of agreement, 11 memoranda of understanding, and eight letters of intent amounting to $82.9 million.
These include a MoA between Century Properties Inc. and Globe Invest Ltd. for a collaboration to enter into a joint venture agreement for advanced energy optimization management; advanced agriculture and urban farming; prefabricated housing; water desalination; and other masterplanned real estate development projects.
A MoA between the Stone of David Corp. and Gaia Automotive Industries Ltd. was also signed for a cooperation on the marketing and promotion of tactical vehicles, including technology transfer.
The last MoA signed was between the Stone of David Corp. and MCTECH RF Technologies Ltd. for cooperation in the development in military and intelligence products and hardware.
Among the MoU was between Century Pacific Food Inc. and Kvuzat Yavne for the distribution of canned tuna products for the Century brand within Israel and the Palestinian Authority.
Amdocs Philippines Ltd. signed an LoI to expand operation in software development and support service as the Philippines becomes its hub in the Asia-Pacific region. TrueLogic Online Solutions Inc. also signed an LOI to expand operation in software, systems development, and support services.
851908 223807When I initially commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is added I get several emails with the same comment. Is there any way you can remove people from that service? Cheers! 627887