
TEL AVIV -- Investment by Japanese companies in Israel is soaring in expectations of tapping into technologies such as autonomous driving through a business partnership with local startups.
The value of investment by Japanese firms totaled 5.2 billion yen ($45.7 million) in 2015, a 4.7-times increase from 2013 and 26 times the amount in 2012, according to the Bank of Japan's Balance of Payments statistics.