Israel has a unique opportunity to position itself as a key connectivity hub between Europe, Asia, and the Middle East by encouraging investment in new cable infrastructure. This would benefit Israeli technology companies, attract global investors and entrepreneurs, and lower internet costs. The government must adopt supportive regulations and incentivize private investments to achieve this. Additionally, Israel can leverage its regional position and economic ties with neighboring countries by integrating itself into regional communication infrastructure initiatives. Investing in subsea and terrestrial cables is necessary for Israel's future as a global technology center.
Original article source: https://www.jpost.com/opinion/article-844697
Source Id: 8575656591