British businessmen arrive to show support for Israeli economy
By Zohar Blumenkrantz
May 10, 2002
Several of Britain's leading businessmen, from the Israel-Britain
Business Council (IBBC), are to arrive in Israel on Sunday for a
two-day visit to show their interest in commercial opportunities
and support of the Israeli economy.
The group will be hosted by chairman of the Federation of Israeli
Chambers of Commerce, Dan Gillerman, who said the visit had been
timed "not despite, but because of the difficult situation
in Israel, and [therefore] is a salute and show of solidarity of
the heads of the British economy with Israel."
Gillerman said that the visit followed a meeting of the IBBC in
London recently, attended by many Israeli members of the association,
and addressed by British Prime Minister Tony Blair.
The delegation will be led by Sir Trevor Chinn, British chairman
of the IBBC (and chairman of Lex Leasing), and will also include
Lord Young (of Young Associates, and former chairman of Cable &
Wireless), Sir Victor Blank (chairman of Great Universal Stores
catalog company), Sir Richard Greenbury (chairman of Marks &
Spencer department store), Lord Levene (of Deutsche Bank and a former
Lord Mayor of London), Lord Stone (also of Marks & Spencer),
Howard Shore (of the Shore Capital investment firm).
The group has expressed particular interest in pursuing infrastructure
projects in Israel using the PFI (private finance initiative) method,
in water, transport, energy and technology. The PFI method of financing
large infrastructure projects through the enlisting of private companies
has been practiced in Britain, covering projects worth a total $40
British bussinessmen who
"Salute & show Solidarity with Israel"
|Sir Trevor Chinn
||Chairman of Israel-Britain Business Council.
Chairman of Lex Leasing
|Sir Victor Blank
||Chairman of Great Universal Stores catalog company
|Sir Richard Greenbury
||Chairman of Marks & Spencer
||Marks & Spencer
||Shore Capital investment