The Cabinet, at its weekly meeting today, approved another step in advancing the national cyber park in Beer Sheva in the form of a significant tax break for cyber companies that move there. This proposal, which was led by Israel National Cyber Bureau head, Dr. Eviatar Matania and Prime Ministers Office Director General Harel Locker, will encourage leading multi-national and Israeli cyber companies to join the national cyber park and establish their activity there. Prime Minister Benjamin Netanyahu said, The State of Israels cyber capabilities are a strategic necessity. There is a meeting here between global economic opportunity and strategic need, and we must take determined action to lead in both of these areas. Cyber continues to develop as a main component of our national security and also as an important layer of the Israeli economy. There is great importance in strengthening the cyber park in Beer Sheva – which combines capabilities designed to maintain and strengthen the State of Israel in the cyber field in relation to the world and thus serves as a unique center of global innovation. Israel is in an excellent place in the market and we must take advantage of this window of opportunity at a time when cyber research and development centers are still being created. We must maintain what there already is, but must also increase our activity in this great market. We are now on the superhighway of competition for the heart of the market – and we must give Israel another relative advantage. Click here for the full text: pmo.gov.il/English/MediaCenter/Spokesman/Pages/spoketax060714.aspx
Posted on: Sun, 06 Jul 2014 13:32:55 +0000