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ARTICLE · 02 MAY 2017

Major Developments In Israeli Smart Transportation And Infrastructure

On January 22, 2017 the Israeli Government approved a National Plan for the Development of Smart Transportation.

IsraelCorporate/Commercial Law

On January 22, 2017 the Israeli Government approved a National Plan for the Development of Smart Transportation. The five-year plan is in addition to the existing National Plan on Fuel Alternatives, and is aimed at implementation of innovative solutions in the Israeli transport sector, and the positioning of Israel as a global leader in a sector with the value of which is projected to reach $7 billion by 2030.

The plan is intended to capitalize on Israel's position at the forefront of innovation in the smart transportation sphere, along with its competitive advantage in a number of related fields upon which the Smart Transport 'revolution' relies, such as data processing, artificial intelligence, network integration, sensory technologies, and cyber-security.

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